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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
Rental Income
Listed for sale 1 day ago
$ 409,500
ROI
23.1
Cash Flow/m
380- 3 Bed
- 2 Bath
- 1360 sft
4082 Haverhill Ct, Traverse City, MI, 49684
Airbnb Potential
$ 255,000
ROI
28.1Cash Flow/m
594- 2 Bed
- 2 Bath
- 1284 sft
3955 Emily Ln, Traverse city, MI, 49686
Listed for sale 2 days ago
$ 260,000
ROI
24.6Cash Flow/m
354- 3 Bed
- 1 Bath
- 912 sft
2622 Virginia Ave, Traverse City, MI, 49685
$ 249,900
ROI
40.0Cash Flow/m
1410- - Bed
- - Bath
- - sft
Fisher Rd, Traverse city, MI, 49685
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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