Single Family 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
$ 345,000
ROI
20.4Cash Flow/m
60- 3 Bed
- 2 Bath
- 1824 sft
1124 Pinckney Rd, Saranac, MI, 48881
$ 289,900
ROI
20.3Cash Flow/m
47- 3 Bed
- 1 Bath
- 1664 sft
5715 Potters Rd, Saranac, MI, 48881
Why Invest in Saranac, Michigan?
Investing in single-family homes in Saranac, MI offers stable rental returns and a growing rental demand. The property market shows an average ROI of 7.5%, with a healthy cap rate of 6%. Rental yields remain attractive at 8%, driven by steady average rents near $900 per month. Cash flow prospects are positive with an average monthly cash flow of $150. Appreciation rates are moderate, providing steady long-term value growth in this Michigan community.
7.5%
Avg. ROI
8%
Rental Yield
6%
Cap Rate
$150/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average ROI for single-family homes in Saranac is approximately 7.5%, reflecting steady rental demand and moderate property appreciation.
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