Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High Rental Yield Investment Properties for Sale in Traverse City, MI
Listed for sale 3 days ago
$ 459,900
ROI
24.1
Cash Flow/m
550- 5 Bed
- 4 Bath
- 3497 sft
4911 Blair Townhall Rd, Traverse City, MI, 49685
$ 249,900
ROI
40.0Cash Flow/m
1410- - Bed
- - Bath
- - sft
Fisher Rd, Traverse city, MI, 49685
Listed for sale 4 days ago
$ 425,000
ROI
20.4Cash Flow/m
73- 3 Bed
- 3 Bath
- 1385 sft
10313 N Long Lake Rd, Traverse City, MI, 49685
Listed for sale 4 days ago
$ 997,000
ROI
21.2Cash Flow/m
322- 5 Bed
- 4 Bath
- 4665 sft
5050 Barney Rd, Traverse City, MI, 49684
Why Invest in Traverse City, Michigan?
High rental yield properties in Traverse City, MI offer investors strong cash flow potential in a tourism-driven market. Average rents around $1,500 support yields above 7% with modest property prices. Annual appreciation of 4% and renter occupancy near 45% enhance long-term returns. Cap rates hover at 6-8%, ideal for buy-and-hold strategies. Tourist demand stabilizes income year-round.
9.5%
Avg. ROI
7.8%
Rental Yield
7.2%
Cap Rate
$850/mo
Avg. Cash Flow
$1516/mo
Avg. Rent
4.2%
1Y Appreciation
Frequently Asked Questions
High rental yield properties typically offer 7-9% gross yields. Average rents of $1,516 support strong cash flow. Tourism demand keeps occupancy above 90% for quality units.
Find Your Perfect Investment Property in Traverse City, Michigan
Explore investment opportunities by strategy, performance, or property type
