High Rental Yield Investment Properties for Sale in Comstock Park, MI
Listed for sale 1 day ago
$ 314,900
ROI
25.6
Cash Flow/m
512- 3 Bed
- 2 Bath
- 1400 sft
4977 Shinnecock Hills Dr NW, Comstock Park, MI, 49321
$ 349,000
ROI
24.8Cash Flow/m
486- 4 Bed
- 2 Bath
- 1588 sft
193 Lantern Dr NW, Comstock Park, MI, 49321
$ 249,900
ROI
21.0Cash Flow/m
83- 3 Bed
- 1 Bath
- 1364 sft
3826 Milla Ave NW, Comstock Park, MI, 49321
$ 320,000
ROI
28.1Cash Flow/m
747- 4 Bed
- 2 Bath
- 1796 sft
5108 Pleasantcreek Ave NE, Comstock Park, MI, 49321
Why Invest in Comstock Park, Michigan?
Investing in high rental yield properties in Comstock Park, MI offers a promising opportunity for real estate investors seeking consistent cash flow. With average rental yields around 8%, investors can expect solid returns complemented by a cap rate near 6.5%. The average rent stands at approximately $1,200 per month, while the area benefits from steady appreciation rates near 3% annually. Renter occupancy levels remain high at 92%, indicating strong demand for rental housing in the community.
7.5%
Avg. ROI
8%
Rental Yield
6.5%
Cap Rate
$350/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
Typical rental yields in Comstock Park average around 8%, making it an attractive market for investors seeking cash flow from rental properties.
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