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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Single Family Investment Properties for Sale in Grass Lake, MI

Listed for sale 6 days ago
$ 650,000
ROI
26.9
Cash Flow/m
1214- 4 Bed
- 4 Bath
- 3604 sft
10985 Phal Rd, Grass Lake, MI, 49240

$ 639,500
ROI
25.7
Cash Flow/m
992- 3 Bed
- 3 Bath
- 3450 sft
4260 Sylvan Rd, Grass Lake, MI, 49240

Fix & Flip
$ 250,000
ROI
23.8
Cash Flow/m
280- 3 Bed
- 3 Bath
- 2048 sft
12974 Bohne Rd, Grass Lake, MI, 49240

$ 259,900
ROI
22.1
Cash Flow/m
170- 2 Bed
- 2 Bath
- 1340 sft
5242 Wolf Lake Rd, Grass Lake, MI, 49240
Why Invest in Grass Lake, Michigan?
Investing in single-family homes in Grass Lake, MI offers a unique opportunity with a strong rental yield and steady appreciation. This market benefits from an average ROI of 7%, supported by an average rental yield of 8.5% and a cap rate near 6%. Average cash flow remains positive, and rental demand is supported by a renter-occupied rate of approximately 35%. Data from government sources highlights stable economic conditions and growing employment sectors in the area.
7%
Avg. ROI
8.5%
Rental Yield
6%
Cap Rate
$850/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield for single-family homes in Grass Lake is approximately 8.5%, making it a solid market for rental investments.
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