Single Family Investment Properties for Sale in Grand Ledge, MI
Listed for sale 4 days ago
$ 269,900
ROI
26.1
Cash Flow/m
476- 4 Bed
- 2 Bath
- 1470 sft
445 Green St, Grand Ledge, MI, 48837
Listed for sale 5 days ago
$ 315,000
ROI
21.5Cash Flow/m
149- 3 Bed
- 1 Bath
- 2266 sft
9731 Riverside Dr, Grand Ledge, MI, 48837
Listed for sale 7 days ago
$ 285,000
ROI
25.5Cash Flow/m
458- 2 Bed
- 2 Bath
- 1365 sft
8609 W Mount Hope Hwy, Grand Ledge, MI, 48837
$ 240,000
ROI
27.6Cash Flow/m
523- 3 Bed
- 1 Bath
- 1468 sft
117 Fleming St, 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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