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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Saranac, MI
Listed for sale 7 days ago
$ 279,900
ROI
20.4
Cash Flow/m
48- 2 Bed
- 2 Bath
- 960 sft
3708 Pine Ln, Saranac, MI, 48881
$ 149,900
ROI
24.4Cash Flow/m
193- 3 Bed
- 1 Bath
- 1288 sft
86 S Vosper St, Saranac, MI, 48881
$ 199,000
ROI
23.0Cash Flow/m
178- 2 Bed
- 1 Bath
- 948 sft
68 Dewitt St, Saranac, MI, 48881
$ 245,900
ROI
21.3Cash Flow/m
105- 3 Bed
- 2 Bath
- 1300 sft
187 Washington St, Saranac, MI, 48881
Why Invest in Saranac, Michigan?
Investing in Saranac, MI real estate offers a stable market with an average ROI of 7%. The area features a healthy rental yield of 6.5% and an average cap rate of 5.2%, ideal for those focusing on residential rentals. Average rents are moderate at $900 per month, supporting steady cash flow for investors. Appreciation rates remain positive, making Saranac an attractive location for long-term investment strategies.
7%
Avg. ROI
6.5%
Rental Yield
5.2%
Cap Rate
$450/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Saranac, MI is approximately 6.5%, making it a profitable location for rental property investments.
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