High Rental Yield Investment Properties for Sale in East Lansing, MI
Listed for sale 1 day ago
$ 279,900
ROI
20.5
Cash Flow/m
55- 3 Bed
- 1 Bath
- 1236 sft
208 Milford St, East Lansing, MI, 48823
Listed for sale 1 day ago
$ 265,900
ROI
29.7Cash Flow/m
739- 4 Bed
- 1 Bath
- 1258 sft
1140 Hitching Post Rd, East Lansing, MI, 48823
Listed for sale 3 days ago
$ 315,000
ROI
28.0Cash Flow/m
723- 3 Bed
- 2 Bath
- 2192 sft
1226 Chartwell Carriage Way S, East Lansing, MI, 48823
Listed for sale 3 days ago
$ 250,000
ROI
22.3Cash Flow/m
174- 3 Bed
- 3 Bath
- 2212 sft
2385 N Wild Blossom Ct, 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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