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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Single Family 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
24.4
Cash Flow/m
344- 3 Bed
- 2 Bath
- 1424 sft
7037 Ida East Rd, Ida, MI, 48140

$ 399,900
ROI
23.4
Cash Flow/m
401- 4 Bed
- 3 Bath
- 3354 sft
8995 Lulu Rd, Ida, MI, 48140

$ 149,900
ROI
30.4
Cash Flow/m
442- 3 Bed
- 1 Bath
- 960 sft
5782 Lewis Ave, Ida, MI, 48140
Why Invest in Ida, Michigan?
Investing in single-family homes in Michigan offers a prime opportunity for steady rental income, with the current average cap rate of 6.2% reflecting strong ROI potential. This filter highlights properties with an average rental yield of 7.5% and appreciation rates around 3.1% annually. With renter-occupied units at 61% statewide, investors benefit from a solid tenant pool. Michigan's diverse economy and affordable housing market further enhance investment stability and growth.
8%
Avg. ROI
7.5%
Rental Yield
6.2%
Cap Rate
$850/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3.1%
1Y Appreciation
Frequently Asked Questions
The average ROI for single-family homes in Michigan is approximately 8%, reflecting a balanced market with good rental demand and moderate appreciation potential.
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