Fix And Flip Investment Properties for Sale in Allegan, MI
Fix & Flip
Listed for sale 6 days ago
$ 179,900
ROI
23.4
Cash Flow/m
184- 2 Bed
- 2 Bath
- 1110 sft
102 Della Ct, Allegan, MI, 49010
Fix & Flip
$ 150,000
ROI
24.0Cash Flow/m
175- 3 Bed
- 2 Bath
- 1248 sft
2503 Beach Ct, Allegan, MI, 49010
Fix & Flip
$ 244,900
ROI
32.0Cash Flow/m
831- 3 Bed
- 1 Bath
- 1891 sft
616 32nd St, Allegan, MI, 49010
Fix & Flip
$ 184,900
ROI
24.8Cash Flow/m
262- 2 Bed
- 1 Bath
- 1215 sft
1248 Lincoln Rd, Allegan, MI, 49010
Why Invest in Allegan, Michigan?
Investing in fix and flip properties in Allegan, MI offers a promising opportunity for real estate investors looking to capitalize on a growing market. With an average ROI of 12%, investors benefit from a healthy cap rate near 8% and solid rental yields around 7%. Allegan's average rent of $850 supports consistent cash flow averaging $500 monthly. The local appreciation rate of 4% annually adds value to renovations, while renter-occupied units stay above 55%, ensuring stable tenant demand.
12%
Avg. ROI
7%
Rental Yield
8%
Cap Rate
$500/mo
Avg. Cash Flow
$850/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average ROI for fix and flip investments in Allegan is approximately 12%, making it an attractive market for investors seeking solid returns.
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