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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High Rental Yield Investment Properties for Sale in Alma, MI
Listed for sale 4 days ago
$ 149,900
ROI
23.4
Cash Flow/m
153- 3 Bed
- 2 Bath
- 1300 sft
707 N Republic Ave, Alma, MI, 48801
$ 139,043
ROI
24.0Cash Flow/m
165- 2 Bed
- 2 Bath
- 1134 sft
417 Washington Ave, Alma, MI, 48801
$ 139,900
ROI
23.3Cash Flow/m
139- 3 Bed
- 1 Bath
- 1152 sft
136 W Elizabeth St, Alma, MI, 48801
$ 360,000
ROI
20.7Cash Flow/m
96- 5 Bed
- 2 Bath
- 2800 sft
737 N State St, Alma, MI, 48801
Why Invest in Alma, Michigan?
Investing in Alma, MI offers a high rental yield opportunity, especially appealing for investors targeting the rental market. The city's avg rental yield of 8.2% and a cap rate around 6.5% provide solid returns. With an average ROI of 9.1% and steady appreciation of 3.8%, Alma is attractive for stable, long-term growth. The average rent remains affordable at $900, supporting high renter occupancy of 60%.
9.1%
Avg. ROI
8.2%
Rental Yield
6.5%
Cap Rate
$200/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3.8%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Alma, MI is approximately 8.2%, offering investors solid returns in the rental market.
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