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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High Rental Yield Investment Properties for Sale in Skandia, MI
$ 320,000
ROI
23.7
Cash Flow/m
350- 4 Bed
- 1 Bath
- 1456 sft
847 County Road 545 N, Skandia, MI, 49885
$ 260,000
ROI
35.6Cash Flow/m
1145- 3 Bed
- 2 Bath
- 1904 sft
1660 Engman Lake Rd, Skandia, MI, 49885
Fix & Flip
$ 135,000
ROI
24.8Cash Flow/m
191- 3 Bed
- 1 Bath
- 995 sft
186 ABRAHAMS ROAD, Skandia, MI, 49885
$ 348,000
ROI
20.0Cash Flow/m
28- 3 Bed
- 2 Bath
- 1336 sft
702 Dalton 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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