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

$ 259,000
ROI
30.6
Cash Flow/m
783- 3 Bed
- 1 Bath
- 1600 sft
6053 Meldrum Rd, Ira, MI, 48023

$ 320,000
ROI
36.5
Cash Flow/m
1492- 5 Bed
- 3 Bath
- 3193 sft
9341 Short Cut Rd, Ira, MI, 48023

$ 307,500
ROI
21.6
Cash Flow/m
156- 3 Bed
- 2 Bath
- 1456 sft
9530 Dixie Hwy, Ira, MI, 48023

$ 121,900
ROI
76.0
Cash Flow/m
1907- 4 Bed
- 2 Bath
- 1680 sft
8117 S Dockside Dr #885, Ira, MI, 48023
Why Invest in Ira, Michigan?
Investing in high rental yield properties in Ira, MI offers investors an attractive opportunity to maximize cash flow and ROI. This location boasts an average rental yield of around 9%, with cap rates near 7%, making it a solid choice for income-focused portfolios. Rental demand remains strong with renter-occupancy near 92%, supporting steady appreciation of approximately 3% annually. Leveraging these metrics enables investors to balance income and growth effectively in Ira's real estate market.
8.5%
Avg. ROI
9%
Rental Yield
7%
Cap Rate
$200/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Ira, MI, is around 9%, providing strong potential cash flow for investors focusing on rental income.
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