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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 today
$ 249,000
ROI
25.3
Cash Flow/m
381- 3 Bed
- 1 Bath
- 1652 sft
3668 S Westshore Dr, Sault Sainte Marie, MI, 49783
Listed for sale today
$ 147,500
ROI
24.1Cash Flow/m
179- 2 Bed
- 1 Bath
- 725 sft
1318 John St, Sault Sainte Marie, MI, 49783
Listed for sale today
$ 195,000
ROI
24.4Cash Flow/m
250- 5 Bed
- 2 Bath
- 2068 sft
330 Peck St, Sault Sainte Marie, MI, 49783
Listed for sale 1 day ago
$ 299,000
ROI
21.1Cash Flow/m
114- 3 Bed
- 3 Bath
- 1494 sft
423 Parnell 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.
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