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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High Rental Yield Investment Properties for Sale in Ida, MI
Listed for sale 5 days ago
$ 184,900
ROI
27.5
Cash Flow/m
398- 4 Bed
- 2 Bath
- 1430 sft
8257 Ida West Rd, Ida, MI, 48140
$ 259,900
ROI
21.2Cash Flow/m
106- 3 Bed
- 1 Bath
- 1104 sft
4201 Secor Rd, Ida, MI, 48140
$ 309,900
ROI
23.2Cash Flow/m
298- 3 Bed
- 2 Bath
- 1718 sft
3248 Lewis Ave, Ida, MI, 48140
Fix & Flip
$ 190,000
ROI
24.7Cash Flow/m
261- 4 Bed
- 3 Bath
- 2142 sft
12220 Douglas Rd, Ida, MI, 48140
Why Invest in Ida, Michigan?
Investing in high rental yield properties in Ida, MI offers strong cash flow opportunities for real estate investors. With an average rental yield of 8.2%, investors can expect competitive returns compared to state averages. The market features a cap rate of around 7%, reflecting solid income potential. Average rents stand at $1,100 per month, supported by a renter occupancy rate near 65%. Moderate appreciation around 3% annually enhances long-term investment value.
7.5%
Avg. ROI
8.2%
Rental Yield
7%
Cap Rate
$350/mo
Avg. Cash Flow
$1100/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Ida is approximately 8.2%, offering a strong return compared to many other markets in Michigan. This makes it attractive for investors seeking income-generating properties.
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