High Rental Yield Investment Properties for Sale in Franklin, MI
Listed for sale 6 days ago
$ 999,000
ROI
23.8
Cash Flow/m
1031- 4 Bed
- 6 Bath
- 4984 sft
30065 Cheviot Hills Dr, Franklin, MI, 48025
$ 499,900
ROI
22.3Cash Flow/m
348- 3 Bed
- 2 Bath
- 2294 sft
24800 N Cromwell Dr, Franklin, MI, 48025
$ 799,900
ROI
20.5Cash Flow/m
85- 5 Bed
- 4 Bath
- 2613 sft
32820 Whatley Rd, Franklin, MI, 48025
$ 476,900
ROI
24.0Cash Flow/m
567- 2 Bed
- 3 Bath
- 2869 sft
24122 Bingham Pointe Dr #24, Franklin, MI, 48025
Why Invest in Franklin, Michigan?
Investing in high rental yield properties in Franklin, MI offers a lucrative opportunity due to the strong local rental market. With an average rental yield of 7.2%, investors benefit from steady cash flow and an average ROI of 9%. The cap rate of 6% remains attractive compared to state averages, while median rent prices sustain healthy appreciation. Franklin’s renter occupancy rate at 93% underscores its stable tenant demand, making it an ideal market for income-focused real estate investors.
9%
Avg. ROI
7.2%
Rental Yield
6%
Cap Rate
$850/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Franklin, MI is approximately 7.2%, making it attractive for investors seeking steady rental income.
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