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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High Rental Yield Investment Properties for Sale in East Lansing, MI
Listed for sale 4 days ago
$ 294,900
ROI
21.9
Cash Flow/m
173- 4 Bed
- 2 Bath
- 1516 sft
1002 W Grand River Ave, East Lansing, MI, 48823
Listed for sale 4 days ago
$ 314,900
ROI
30.9Cash Flow/m
979- 5 Bed
- 2 Bath
- 1876 sft
1003 Blanchette Dr, East Lansing, MI, 48823
Listed for sale 5 days ago
$ 399,000
ROI
24.2Cash Flow/m
496- 4 Bed
- 3 Bath
- 2738 sft
5996 Patriots Way, East Lansing, MI, 48823
Listed for sale 5 days ago
$ 399,900
ROI
23.1Cash Flow/m
377- 4 Bed
- 3 Bath
- 2967 sft
1682 Woodside Dr, East Lansing, MI, 48823
Why Invest in East Lansing, Michigan?
Investing in East Lansing, MI, known for its high rental yield properties, offers investors a unique opportunity to capitalize on a strong rental market near Michigan State University. The city boasts an average ROI of around 8%, with rental yields approximately 7%, supported by steady cap rates near 6%. Investors can expect average monthly rents near $1,100 with positive cash flow in many neighborhoods. Appreciation rates are moderate but steady, making East Lansing an appealing location for long-term rental investments.
8%
Avg. ROI
7%
Rental Yield
6%
Cap Rate
$250/mo
Avg. Cash Flow
$1100/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The typical rental yield in East Lansing is approximately 7%, driven by strong demand from students and local workers.
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