Investment Properties for Sale in Skandia, MI
$ 179,900
ROI
22.2
Cash Flow/m
120- 3 Bed
- 2 Bath
- 711 sft
539 Dalton Rd, Skandia, MI, 49885
$ 130,000
ROI
30.8Cash Flow/m
398- 1 Bed
- 1 Bath
- 500 sft
722 S Carlshend Rd, Skandia, MI, 49885
$ 245,000
ROI
25.8Cash Flow/m
411- 2 Bed
- 2 Bath
- 1216 sft
123 Anderson Rd, Skandia, MI, 49885
$ 299,000
ROI
19.8Cash Flow/m
6- 3 Bed
- 2 Bath
- 2771 sft
N5686 Jarvinen Rd, Skandia, MI, 49885
Why Invest in Skandia, Michigan?
Investing in residential properties in Skandia, MI offers stable returns backed by a growing rental demand. The area has an average rental yield of 7.2% complementing its steady appreciation rate of 3.5% annually. Cap rates remain attractive at around 6.1%, generating solid average cash flows for investors. Average rents are competitive, reflecting the local economic strength and population stability. Skandia's rental occupancy rates indicate a renter-occupied proportion nearing 60%, making it an appealing investment site.
8.5%
Avg. ROI
7.2%
Rental Yield
6.1%
Cap Rate
$850/mo
Avg. Cash Flow
$1100/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Skandia, MI is approximately 7.2%, making it an attractive market for rental property investors.
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