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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High ROI Investment Properties for Sale in Traverse City, MI
Listed for sale 1 day ago
$ 495,000
ROI
21.9
Cash Flow/m
293- 4 Bed
- 3 Bath
- 1988 sft
3317 N Timberwood Dr, Traverse City, MI, 49686
$ 300,000
ROI
25.7Cash Flow/m
495- 2 Bed
- 1 Bath
- 915 sft
203 W 16th St, Traverse city, MI, 49684
Listed for sale 2 days ago
$ 315,000
ROI
28.9Cash Flow/m
802- 3 Bed
- 2 Bath
- 1352 sft
1800 W Brentwood St, Traverse City, MI, 49685
$ 599,900
ROI
27.9Cash Flow/m
1281- 2 Bed
- 2 Bath
- 3289 sft
136 E 17th St, Traverse city, MI, 49684
Why Invest in Traverse City, Michigan?
Traverse City offers attractive high ROI opportunities for investors looking for rental properties. With an average rental yield of around 7% and a cap rate of approximately 8%, it stands out in Michigan's housing market. The average cash flow is estimated at $300 per month, making it beneficial for long-term investments.
0.07%
Avg. ROI
7%
Rental Yield
8%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
5%
1Y Appreciation
Frequently Asked Questions
The average rent in Traverse City is approximately $1,200 per month, making it an affordable option in Michigan's housing market.
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