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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Frankfort, MI
Listed for sale 1 day ago
$ 445,000
ROI
25.4
Cash Flow/m
694- 3 Bed
- 2 Bath
- 2423 sft
4290 Johnson Rd, Frankfort, MI, 49635
$ 289,000
ROI
24.2Cash Flow/m
359- 2 Bed
- 2 Bath
- 1692 sft
714 Leelanau Ave, Frankfort, MI, 49635
$ 398,500
ROI
24.1Cash Flow/m
476- 3 Bed
- 2 Bath
- 1942 sft
5560 Gorivan Rd, Frankfort, MI, 49635
$ 365,000
ROI
22.2Cash Flow/m
252- 3 Bed
- 2 Bath
- 2656 sft
637 Crystal Ave, Frankfort, MI, 49635
Why Invest in Frankfort, Michigan?
Investing in Frankfort, MI offers promising opportunities for rental properties with an average rental yield of 7%. The market boasts an average ROI of 6%, making it attractive for investors seeking steady cash flow. With cap rates around 6.5% and an average monthly rent of $900, properties here provide balanced growth potential. Appreciation rates of 3.5% annually support long-term value increases. Renter occupancy stands strong at 65%, indicative of a healthy tenant base.
6%
Avg. ROI
7%
Rental Yield
6.5%
Cap Rate
$350/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Frankfort is approximately 7%, making it a solid choice for rental property investment.
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