High Rental Yield Investment Properties for Sale in East Grand Rapids, MI
Listed for sale today
$ 550,000
ROI
22.7
Cash Flow/m
394- 3 Bed
- 3 Bath
- 1870 sft
2122 Tenway Dr SE, East Grand Rapids, MI, 49506
$ 525,000
ROI
20.6Cash Flow/m
78- 4 Bed
- 2 Bath
- 1854 sft
423 Rosewood Ave SE, East Grand Rapids, MI, 49506
$ 550,000
ROI
22.0Cash Flow/m
299- 3 Bed
- 3 Bath
- 1704 sft
1009 Breton Rd SE, East Grand Rapids, MI, 49506
$ 399,900
ROI
21.8Cash Flow/m
222- 3 Bed
- 2 Bath
- 1631 sft
1126 Kenesaw Dr SE, East Grand Rapids, MI, 49506
Why Invest in East Grand Rapids, Michigan?
East Grand Rapids, MI, offers promising opportunities for investors seeking high rental yield properties. This city combines a strong rental market with stable cap rates around 6.5%, making it attractive for consistent cash flow. Average ROI here is approximately 8%, supported by rental yields near 7%. The average rent stays competitive at about $1,200 per month, and renter-occupied rates hover around 55%. Appreciation trends over the past few years have averaged 3%, indicating steady property value growth.
8%
Avg. ROI
7%
Rental Yield
6.5%
Cap Rate
$450/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield in East Grand Rapids is approximately 7%, making it a strong market for rental property investors.
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