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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Single Family Investment Properties for Sale in Grand Junction, MI
$ 219,000
ROI
24.5
Cash Flow/m
289- 5 Bed
- 1 Bath
- 1986 sft
1901 County Road 681, Grand Junction, MI, 49056
$ 234,900
ROI
21.5Cash Flow/m
111- 3 Bed
- 2 Bath
- 1188 sft
222 E 4th St, Grand Junction, MI, 49056
$ 199,500
ROI
24.0Cash Flow/m
233- 4 Bed
- 2 Bath
- 2825 sft
11131 County Road 215, Grand Junction, MI, 49056
$ 219,000
ROI
21.3Cash Flow/m
92- 2 Bed
- 1 Bath
- 600 sft
52769 County Road 384, Grand Junction, MI, 49056
Why Invest in Grand Junction, Michigan?
Investing in single-family homes in Grand Junction, MI offers a promising opportunity for real estate investors seeking steady cash flow and appreciation. This location features an average ROI of 7%, with rental yields around 6%, making it an attractive market for those focusing on residential rentals. The cap rate is competitive at approximately 5.5%, while average monthly rent sits near $1,000. Additionally, Grand Junction's renter-occupied rate of 48% supports a stable tenant base and consistent rental income.
7%
Avg. ROI
6%
Rental Yield
5.5%
Cap Rate
$300/mo
Avg. Cash Flow
$1000/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield for single-family homes in Grand Junction, MI is around 6%, offering a solid return for rental property investors.
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