High Rental Yield Investment Properties for Sale in Sault Sainte Marie, MI
Listed for sale 1 day ago
$ 126,750
ROI
23.3
Cash Flow/m
126- 3 Bed
- 2 Bath
- 1292 sft
1900 Ryan Ave, Sault Sainte Marie, MI, 49783
Listed for sale 1 day ago
$ 115,000
ROI
24.6Cash Flow/m
156- 2 Bed
- 1 Bath
- 756 sft
1401 Seymour St, Sault Sainte Marie, MI, 49783
Listed for sale 2 days ago
$ 135,000
ROI
24.3Cash Flow/m
169- 1 Bed
- 2 Bath
- 790 sft
615 Carrie St, Sault Sainte Marie, MI, 49783
Listed for sale 2 days ago
$ 239,000
ROI
26.3Cash Flow/m
432- 3 Bed
- 2 Bath
- 1638 sft
901 Seymour St, 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.
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