Investment Properties for Sale in Saranac, MI
Listed for sale 7 days ago
$ 539,900
ROI
26.2
Cash Flow/m
912- 4 Bed
- 4 Bath
- 2256 sft
7086 Peck Lake Rd, Saranac, MI, 48881
Motivated Seller
$ 165,000
ROI
23.5Cash Flow/m
170- 4 Bed
- 1 Bath
- 1440 sft
7122 Portland Rd, Saranac, MI, 48881
Fix & Flip
$ 120,000
ROI
23.6Cash Flow/m
130- 3 Bed
- 2 Bath
- 1035 sft
8669 Meadow Vista Dr, Saranac, MI, 48881
$ 295,000
ROI
21.2Cash Flow/m
120- 4 Bed
- 3 Bath
- 2156 sft
8456 Centerline Rd, 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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