Single Family 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 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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