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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Single Family Investment Properties for Sale in Allegan, MI
Listed for sale 3 days ago
$ 275,000
ROI
21.5
Cash Flow/m
133- 4 Bed
- 3 Bath
- 2344 sft
115 Delano St, Allegan, MI, 49010
Listed for sale 4 days ago
$ 245,000
ROI
25.6Cash Flow/m
396- 2 Bed
- 1 Bath
- 772 sft
2432 111th Ave, Allegan, MI, 49010
Listed for sale 6 days ago
$ 424,500
ROI
22.1Cash Flow/m
274- 4 Bed
- 3 Bath
- 1976 sft
579 38th St, Allegan, MI, 49010
Listed for sale 6 days ago
$ 379,500
ROI
23.8Cash Flow/m
423- 4 Bed
- 3 Bath
- 1830 sft
3828 N Ryan Woods Cir, Allegan, MI, 49010
Why Invest in Allegan, Michigan?
Investing in single-family homes in Allegan, MI offers a unique opportunity to tap into a stable housing market with solid rental yields and consistent appreciation. With an average ROI of around 7%, investors can benefit from a rental yield of 8% supported by a growing renter-occupied rate of 35%. The average monthly rent sits near $950, while cap rates remain attractive at 6%. Steady average cash flow combined with a 2% annual appreciation rate make Allegan a favorable market for strategic real estate investment.
7%
Avg. ROI
8%
Rental Yield
6%
Cap Rate
$250/mo
Avg. Cash Flow
$950/mo
Avg. Rent
2%
1Y Appreciation
Frequently Asked Questions
The average ROI for single-family homes in Allegan is approximately 7%, making it a solid option for investors seeking steady returns.
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