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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High ROI Investment Properties for Sale in Sault Sainte Marie, MI
Listed for sale 1 day ago
$ 299,000
ROI
21.1
Cash Flow/m
114- 3 Bed
- 3 Bath
- 1494 sft
423 Parnell Ave, Sault Sainte Marie, MI, 49783
Listed for sale 6 days ago
$ 289,900
ROI
21.5Cash Flow/m
141- 4 Bed
- 2 Bath
- 2499 sft
2601 W 4th Ave, Sault Sainte Marie, MI, 49783
Listed for sale 6 days ago
$ 187,000
ROI
23.0Cash Flow/m
171- 2 Bed
- 2 Bath
- 1283 sft
307 W Easterday Ave, Sault Sainte Marie, MI, 49783
$ 289,000
ROI
20.8Cash Flow/m
85- 4 Bed
- 3 Bath
- 1460 sft
212 W 9th Ave, Sault Sainte Marie, MI, 49783
Why Invest in Sault Sainte Marie, Michigan?
Investing in high ROI properties in Sault Sainte Marie, MI offers a unique opportunity to capitalize on a stable rental market. The city shows an average ROI of 8.2%, supported by a strong rental yield of 7.5% and a cap rate around 6.8%. Average rent stands at approximately $900, with positive cash flow averaging $120 monthly. Appreciation remains steady at 2.5%, while renter occupancy rates are healthy near 70%, making it attractive for investors seeking reliable returns.
8.2%
Avg. ROI
7.5%
Rental Yield
6.8%
Cap Rate
$120/mo
Avg. Cash Flow
$900/mo
Avg. Rent
2.5%
1Y Appreciation
Frequently Asked Questions
The average ROI in this market is approximately 8.2%, making it a competitive location for real estate investments.
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