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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Single Family Investment Properties for Sale in Grand Ledge, MI
Listed for sale 1 day ago
$ 450,000
ROI
24.2
Cash Flow/m
553- 4 Bed
- 4 Bath
- 2597 sft
11763 W Andre Dr, Grand Ledge, MI, 48837
Listed for sale 5 days ago
$ 285,000
ROI
20.8Cash Flow/m
81- 3 Bed
- 1 Bath
- 960 sft
7970 Hartel Rd, Grand Ledge, MI, 48837
$ 299,900
ROI
21.4Cash Flow/m
140- 4 Bed
- 2 Bath
- 1584 sft
228 Union St, Grand Ledge, MI, 48837
$ 295,000
ROI
20.2Cash Flow/m
33- 3 Bed
- 2 Bath
- 2090 sft
12758 E Greenfield Rd, Grand Ledge, MI, 48837
Why Invest in Grand Ledge, Michigan?
Investing in single-family homes in Grand Ledge offers a stable opportunity with moderate appreciation and solid cash flow. The area benefits from a cap rate around 6.5% and a rental yield of approximately 8%, reflecting a strong rental market. Average rents are growing steadily at 3% annually, supported by a renter-occupied rate near 35%. These metrics combine to present a healthy investment environment in this Michigan city.
8%
Avg. ROI
8%
Rental Yield
6.5%
Cap Rate
$450/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield for single-family homes in Grand Ledge is around 8%, making it a solid choice for rental property investors.
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