Investment Properties for Sale in Grand Rapids, MI
Currently Rented
Rental Income
Listed for sale 1 day ago
$ 275,500
ROI
34.4
Cash Flow/m
1123- 4 Bed
- 2 Bath
- - sft
956 Hovey St SW, Grand Rapids, MI, 49504
$ 349,900
ROI
20.3Cash Flow/m
52- 4 Bed
- 2 Bath
- 2050 sft
958 68th St SE, Grand rapids, MI, 49508
Listed for sale 2 days ago
$ 319,900
ROI
21.9Cash Flow/m
187- 2 Bed
- 1 Bath
- 1281 sft
735 Wilson Ave SW, Grand Rapids, MI, 49534
$ 190,000
ROI
23.8Cash Flow/m
213- 3 Bed
- 2 Bath
- 1274 sft
812 Sheldon Ave SE, Grand rapids, MI, 49507
Why Invest in Grand Rapids, Michigan?
Grand Rapids, MI offers strong investment potential with steady home value appreciation around 1.5-3.2% annually. Rental yields average 6-7% driven by low vacancy and population growth. Cap rates hover at 7-8% amid tight inventory of under 600 homes. Healthcare and manufacturing sectors fuel job growth, supporting consistent cash flow. Renter-occupied units exceed 40%, ideal for long-term holds.
8.5%
Avg. ROI
6.8%
Rental Yield
7.5%
Cap Rate
$850/mo
Avg. Cash Flow
$1450/mo
Avg. Rent
2.5%
1Y Appreciation
Frequently Asked Questions
Home values appreciate 1.5-3.2% annually based on recent forecasts. This steady growth reflects low inventory and economic strength. Investors benefit from consistent value increases without volatility.
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