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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High ROI Investment Properties for Sale in Allegan, MI
Listed for sale 4 days ago
$ 315,000
ROI
29.6
Cash Flow/m
863- 5 Bed
- 3 Bath
- 2398 sft
507 N Main St, Allegan, MI, 49010
Listed for sale 5 days ago
$ 199,900
ROI
27.0Cash Flow/m
400- 2 Bed
- 1 Bath
- 989 sft
639 Ely St, Allegan, MI, 49010
Listed for sale 5 days ago
$ 274,900
ROI
30.7Cash Flow/m
838- 4 Bed
- 2 Bath
- 1608 sft
3346 Babylon Rd, Allegan, MI, 49010
$ 299,900
ROI
20.4Cash Flow/m
50- 4 Bed
- 2 Bath
- 2821 sft
215 N Cedar St, Allegan, MI, 49010
Why Invest in Allegan, Michigan?
Investors seeking high ROI in Allegan, MI can benefit from stable rental yields and above-average cap rates. This location offers an average rental yield of 7.5%, with cap rates around 8%, making cash flow positive investments common. The average cash flow sits near $350 monthly, with property appreciation steady at 3% annually. Renter occupancy remains high at 93%, ensuring demand for rental properties in the area.
8.5%
Avg. ROI
7.5%
Rental Yield
8%
Cap Rate
$350/mo
Avg. Cash Flow
$950/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
Allegan offers favorable cap rates around 8%, stable rental yields, and strong renter occupancy, making it ideal for investors seeking consistent income and property appreciation.
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