Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High Rental Yield Investment Properties for Sale in Sault Sainte Marie, MI
Listed for sale 3 days ago
$ 149,900
ROI
23.2
Cash Flow/m
143- 3 Bed
- 1 Bath
- 920 sft
502 Sheridan Dr, Sault Sainte Marie, MI, 49783
Listed for sale 3 days ago
$ 172,000
ROI
23.9Cash Flow/m
199- 4 Bed
- 1 Bath
- 1604 sft
1509 W 4th Ave, Sault Sainte Marie, MI, 49783
Listed for sale 4 days ago
$ 160,000
ROI
24.6Cash Flow/m
214- 1 Bed
- 1 Bath
- 780 sft
1604 Ryan Ave, Sault Sainte Marie, MI, 49783
Listed for sale 4 days ago
$ 315,000
ROI
21.0Cash Flow/m
106- 4 Bed
- 3 Bath
- 3200 sft
502 E 10th Ave, Sault Sainte Marie, MI, 49783
Why Invest in Sault Sainte Marie, Michigan?
Investing in high rental yield properties in Sault Sainte Marie, MI offers a compelling opportunity for steady cash flow. This city-level market benefits from a strong cap rate near 7%, with an average rental yield of 6.5% driven by steady rent growth and affordable housing prices. The average ROI hovers around 8%, making it attractive for investors seeking reliable returns. With renter-occupied rates above 55%, demand remains stable, supported by local employment and educational institutions.
8%
Avg. ROI
6.5%
Rental Yield
7%
Cap Rate
$800/mo
Avg. Cash Flow
$850/mo
Avg. Rent
2.1%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Sault Sainte Marie is approximately 6.5%, making it one of the higher-yield markets in Michigan.
Find Your Perfect Investment Property in Sault Sainte Marie, Michigan
Explore investment opportunities by strategy, performance, or property type
