Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High Rental Yield Investment Properties for Sale in Elmira, MI
Rental Income
Listed for sale 1 day ago
$ 309,000
ROI
19.9
Cash Flow/m
15- 3 Bed
- 2 Bath
- 1078 sft
10945 Pleasant Ridge Dr, Elmira, MI, 49730
Listed for sale 2 days ago
$ 299,000
ROI
25.8Cash Flow/m
506- 3 Bed
- 3 Bath
- 2510 sft
8343 M 32, Elmira, MI, 49730
$ 240,000
ROI
21.5Cash Flow/m
117- 3 Bed
- 1 Bath
- 1132 sft
5201 Terreton Cir, Elmira, MI, 49730
$ 209,000
ROI
28.1Cash Flow/m
484- 1 Bed
- 1 Bath
- 830 sft
10518 Timberline Dr, Elmira, MI, 49730
Why Invest in Elmira, Michigan?
Investing in high rental yield properties in Elmira, MI offers significant cash flow opportunities due to the city's affordable housing and steady demand. Elmira's average rental yield stands at 8.2%, making it attractive for income-focused investors. The cap rate of 7.5% and an average ROI of 9% highlight the area's strong investment potential. Growing renter occupancy at 68% combined with appreciation rates of 3.1% signals a stable and promising rental market for long-term gains.
9%
Avg. ROI
8.2%
Rental Yield
7.5%
Cap Rate
$850/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3.1%
1Y Appreciation
Frequently Asked Questions
The average rental yield for high rental yield properties in Elmira, MI is approximately 8.2%, which is favorable compared to many other regions in Michigan.
Find Your Perfect Investment Property in Elmira, Michigan
Explore investment opportunities by strategy, performance, or property type
