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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Single Family Investment Properties for Sale in Ithaca, MI
Listed for sale 6 days ago
$ 165,000
ROI
24.4
Cash Flow/m
214- 4 Bed
- 2 Bath
- 1928 sft
320 N Elm St, Ithaca, MI, 48847
$ 150,000
ROI
24.2Cash Flow/m
186- 2 Bed
- 1 Bath
- 1112 sft
523 N Elm St, ITHACA, MI, 48847
$ 299,900
ROI
22.3Cash Flow/m
211- 3 Bed
- 2 Bath
- 2513 sft
1031 N Jerome Rd, Ithaca, MI, 48847
$ 170,000
ROI
21.0Cash Flow/m
57- 3 Bed
- 2 Bath
- 1624 sft
116 E Newark St, ITHACA, MI, 48847
Why Invest in Ithaca, Michigan?
Investing in single-family homes in Ithaca, MI offers a unique opportunity to capitalize on stable rental demand fueled by a strong local economy and steady job growth. Single-family properties in this area typically yield solid rental income, with average rents supporting consistent cash flow. The local real estate market shows an average cap rate of around 7%, reflecting a healthy balance between risk and return. Appreciation rates remain positive, making it an attractive market for long-term investors focused on residential assets.
8.5%
Avg. ROI
7.2%
Rental Yield
6.8%
Cap Rate
$550/mo
Avg. Cash Flow
$1100/mo
Avg. Rent
2.5%
1Y Appreciation
Frequently Asked Questions
The average ROI for single-family homes in Ithaca is approximately 8.5%, supported by solid rental yields and appreciation potential.
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