High Rental Yield Investment Properties for Sale in Carleton, MI
Listed for sale 4 days ago
$ 230,000
ROI
31.2
Cash Flow/m
730- 3 Bed
- 1 Bath
- 1210 sft
12430 Maxwell Rd, Carleton, MI, 48117
$ 450,000
ROI
24.2Cash Flow/m
562- 6 Bed
- 4 Bath
- 3352 sft
10785 Grafton Rd, Carleton, MI, 48117
$ 268,000
ROI
26.8Cash Flow/m
525- 3 Bed
- 1 Bath
- 1512 sft
12550 Maxwell Rd, Carleton, MI, 48117
$ 350,000
ROI
22.1Cash Flow/m
230- 5 Bed
- 2 Bath
- 1822 sft
12766 Harris St, Carleton, MI, 48117
Why Invest in Carleton, Michigan?
Investing in high rental yield properties in Carleton, MI offers attractive returns for real estate investors looking for stable cash flow. With rental yields averaging around 8%, investors benefit from strong cap rates nearing 7%. The average ROI stands at approximately 12%, supported by a renter-occupied rate exceeding 60%. Additionally, the appreciation rate of 3% bolsters long-term wealth building in this growing Michigan community.
12%
Avg. ROI
8%
Rental Yield
7%
Cap Rate
$500/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Carleton, MI is approximately 8%, making it an attractive market for rental property investors.
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