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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Single Family Investment Properties for Sale in Elkton, MI

$ 175,000
ROI
29.3
Cash Flow/m
464- 3 Bed
- 2 Bath
- 1600 sft
42 S Main St, Elkton, MI, 48731

$ 169,900
ROI
23.6
Cash Flow/m
183- 4 Bed
- 2 Bath
- 1700 sft
189 N Main St, Elkton, MI, 48731

$ 180,000
ROI
31.6
Cash Flow/m
591- 3 Bed
- 2 Bath
- 1700 sft
491 N Elkton Rd, Elkton, MI, 48731

$ 159,900
ROI
29.0
Cash Flow/m
412- 3 Bed
- 1 Bath
- 1100 sft
12 Mullen St, Elkton, MI, 48731
Why Invest in Elkton, Michigan?
Investing in single-family homes in Elkton, MI offers stable rental yields and moderate cash flow opportunities. The area benefits from steady appreciation rates and a renter-occupied rate conducive for out-of-state investors. Local economic growth and affordable housing make it a promising market for diversifying your portfolio. Leverage the modest cap rates and average ROI to maximize your return in this emerging Michigan locale.
7%
Avg. ROI
6%
Rental Yield
5%
Cap Rate
$350/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rent for single-family homes in Elkton is approximately $900 per month, providing stable rental income for investors.
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