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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
$ 319,900
ROI
23.3
Cash Flow/m
312- 3 Bed
- 2 Bath
- 1652 sft
4180 Lewis Ave, Ida, MI, 48140
$ 267,800
ROI
24.4Cash Flow/m
344- 3 Bed
- 2 Bath
- 1424 sft
7037 Ida East Rd, Ida, MI, 48140
$ 399,900
ROI
23.4Cash Flow/m
401- 4 Bed
- 3 Bath
- 3354 sft
8995 Lulu Rd, Ida, MI, 48140
$ 149,900
ROI
30.4Cash Flow/m
442- 3 Bed
- 1 Bath
- 960 sft
5782 Lewis Ave, 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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