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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Single Family 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
35.6
Cash Flow/m
1145- 3 Bed
- 2 Bath
- 1904 sft
1660 Engman Lake Rd, Skandia, MI, 49885

Fix & Flip
$ 135,000
ROI
24.8
Cash Flow/m
191- 3 Bed
- 1 Bath
- 995 sft
186 ABRAHAMS ROAD, Skandia, MI, 49885

$ 348,000
ROI
20.0
Cash Flow/m
28- 3 Bed
- 2 Bath
- 1336 sft
702 Dalton Rd, Skandia, MI, 49885
Why Invest in Skandia, Michigan?
Investing in single-family homes across Michigan offers stable rental income and a balanced market suited for both new and seasoned investors. Michigan's diversified economy and steady population growth support an average ROI of 7%. Rental yields and cap rates remain competitive at around 6% and 5.5% respectively, providing consistent cash flow opportunities. The state's affordable housing market combined with moderate home appreciation rates encourages long-term equity gains for rental property owners.
7%
Avg. ROI
6%
Rental Yield
5.5%
Cap Rate
$1200/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
The typical average ROI for single-family homes in Michigan is about 7%, supported by stable rental yields and growing demand.
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