High Rental Yield Investment Properties for Sale in Essexville, MI
Listed for sale 1 day ago
$ 180,000
ROI
23.1
Cash Flow/m
168- 5 Bed
- 2 Bath
- 2106 sft
403 Plummer St, Essexville, MI, 48732
Listed for sale 4 days ago
$ 225,000
ROI
26.8Cash Flow/m
437- 3 Bed
- 2 Bath
- 13388 sft
701 Scheurmann St, Essexville, MI, 48732
Listed for sale 4 days ago
$ 194,900
ROI
23.3Cash Flow/m
193- 2 Bed
- 1 Bath
- 1936 sft
1555 Jane Dr, Essexville, MI, 48732
Listed for sale 5 days ago
$ 219,900
ROI
28.5Cash Flow/m
536- 3 Bed
- 2 Bath
- 1620 sft
1300 Dunbar St, 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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