High Rental Yield 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
$ 335,000
ROI
20.2Cash Flow/m
42- 3 Bed
- 2 Bath
- 1394 sft
1658 Engman Lake Rd, Skandia, MI, 49885
Why Invest in Skandia, Michigan?
Investing in Skandia, MI with a focus on high rental yield properties offers a promising opportunity in Michigan's growing market. Rental yields here average around 8%, supported by a cap rate near 6%, attractive cash flow, and consistent appreciation. The area's affordable avg rent of $850 alongside a stable renter-occupied rate of 65% provides strong income potential. These metrics highlight Skandia's investment appeal driven by local economic and housing dynamics.
7.5%
Avg. ROI
8%
Rental Yield
6%
Cap Rate
$400/mo
Avg. Cash Flow
$850/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
Skandia offers solid rental yields averaging 8%, supported by steady job growth, population increase, and a balanced housing market with moderate vacancy rates.
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