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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High Rental Yield Investment Properties for Sale in Elwell, MI
Listed for sale 4 days ago
$ 182,500
ROI
28.7
Cash Flow/m
455- 5 Bed
- 2 Bath
- 1225 sft
6348 Pingree Rd, Elwell, MI, 48832
$ 285,000
ROI
21.0Cash Flow/m
97- 3 Bed
- 2 Bath
- 1869 sft
6264 Wildwood Dr, Elwell, MI, 48832
$ 139,900
ROI
24.4Cash Flow/m
181- 3 Bed
- 2 Bath
- 1064 sft
6189 Wildwood Dr, Elwell, MI, 48832
$ 115,000
ROI
23.6Cash Flow/m
124- 4 Bed
- 2 Bath
- 1318 sft
6612 Hillsinger St, Elwell, MI, 48832
Why Invest in Elwell, Michigan?
Investing in high rental yield properties in Elwell, MI offers an attractive opportunity for steady cash flow and strong average returns. The local market supports an average ROI of 7%, with rental yields around 9%, making it a prime choice for income-focused investors. Cap rates typically hover near 8%, coupled with average monthly rents of $900 and consistent property appreciation. Elwell's renter-occupied rate stands at 65%, indicating a healthy rental demand driven by economic stability and affordable housing stock.
7%
Avg. ROI
9%
Rental Yield
8%
Cap Rate
$450/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Elwell, MI is approximately 9%, making it an attractive market for rental property investors.
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