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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High Rental Yield Investment Properties for Sale in Essexville, MI
Listed for sale 1 day ago
$ 169,900
ROI
24.3
Cash Flow/m
217- 2 Bed
- 1 Bath
- 1250 sft
491 W Center Rd, Essexville, MI, 48732
Motivated Seller
Listed for sale 1 day ago
$ 168,900
ROI
24.0Cash Flow/m
198- 4 Bed
- 3 Bath
- 2100 sft
615 Pine St, Essexville, MI, 48732
Listed for sale 2 days ago
$ 239,000
ROI
23.3Cash Flow/m
236- 3 Bed
- 2 Bath
- 1776 sft
512 Hampton Lake Dr, Essexville, MI, 48732
Listed for sale 2 days ago
$ 198,900
ROI
23.1Cash Flow/m
186- 3 Bed
- 2 Bath
- 1400 sft
1820 SE Boutell Rd, Essexville, MI, 48732
Why Invest in Essexville, Michigan?
Investing in high rental yield properties in Essexville, MI offers a lucrative opportunity for real estate investors seeking stable cash flow. This city features an average rental yield of 8.1%, with a cap rate of 7.5%, making it appealing for those focused on rental income returns. The average ROI stands at 9.3%, supported by a renter-occupied housing rate near 60%. With an average monthly rent of $950 and consistent property appreciation of 3.2%, Essexville is ideal for investors prioritizing high cash flow in Michigan's real estate market.
9.3%
Avg. ROI
8.1%
Rental Yield
7.5%
Cap Rate
$320/mo
Avg. Cash Flow
$950/mo
Avg. Rent
3.2%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Essexville is approximately 8.1%, making it a strong market for rental income investors.
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