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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Schoolcraft, MI
Listed for sale 1 day ago
$ 525,000
ROI
23.7
Cash Flow/m
522- 3 Bed
- 3 Bath
- 3372 sft
16136 Prairie Ronde Rd, Schoolcraft, MI, 49087
$ 184,900
ROI
24.7Cash Flow/m
254- 4 Bed
- 2 Bath
- 2305 sft
327 N Robinson St, Schoolcraft, MI, 49087
$ 650,000
ROI
20.4Cash Flow/m
64- 4 Bed
- 4 Bath
- 4519 sft
16121 Indian Valley St, Schoolcraft, MI, 49087
$ 210,000
ROI
21.8Cash Flow/m
120- 4 Bed
- 1 Bath
- 1632 sft
117 Lovell St, Schoolcraft, MI, 49087
Why Invest in Schoolcraft, Michigan?
Investing in Schoolcraft, MI offers a strategic opportunity for real estate investors interested in steady growth and solid returns. The average ROI in Schoolcraft is competitive within Michigan's real estate market, supported by rental yields around 7%. Investors can benefit from cap rates near 6% and average cash flows that enhance income stability. With a growing renter-occupied rate and appreciation rates over 3%, Schoolcraft is attracting increased interest from both local and out-of-state investors.
6.5%
Avg. ROI
7%
Rental Yield
6%
Cap Rate
$450/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3.2%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Schoolcraft is approximately 7%, offering investors a healthy return on rental properties in the area.
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