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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
$ 464,900
ROI
21.9
Cash Flow/m
275- 3 Bed
- 3 Bath
- 2442 sft
11909 Millstone Dr, Grand Ledge, MI, 48837
Listed for sale 2 days ago
$ 279,900
ROI
28.0Cash Flow/m
645- 3 Bed
- 2 Bath
- 1514 sft
12688 Dundee Dr, Grand Ledge, MI, 48837
Listed for sale 3 days ago
$ 260,000
ROI
28.9Cash Flow/m
661- 4 Bed
- 2 Bath
- 1536 sft
826 Jones St, Grand Ledge, MI, 48837
Listed for sale 5 days ago
$ 260,000
ROI
27.3Cash Flow/m
546- 3 Bed
- 2 Bath
- 1205 sft
9595 W Grand River Hwy, 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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