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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High Rental Yield Investment Properties for Sale in Kaleva, MI
$ 269,000
ROI
25.7
Cash Flow/m
444- 5 Bed
- 2 Bath
- 1244 sft
12355 Nine Mile Rd, Kaleva, MI, 49645
$ 150,000
ROI
23.4Cash Flow/m
151- 1 Bed
- 1 Bath
- 1000 sft
15527 Nine Mile Rd, Kaleva, MI, 49645
$ 168,000
ROI
42.6Cash Flow/m
1068- 4 Bed
- 2 Bath
- 1404 sft
14770 Panu St, Kaleva, MI, 49645
$ 267,900
ROI
29.2Cash Flow/m
704- 4 Bed
- 2 Bath
- 3200 sft
6929 Siegfried Rd, Kaleva, MI, 49645
Why Invest in Kaleva, Michigan?
Investing in high rental yield properties in Kaleva, MI offers a unique opportunity to capitalize on the local market's strong rental demand. With rental yields averaging 9.2%, and cap rates around 7.5%, investors can expect solid cash flow and steady appreciation near 3.2%. The average rent of $850 supports sustainable income, while the renter-occupied rate stands at 65%, reflecting healthy market activity. This makes Kaleva an attractive destination for real estate investors seeking balanced returns with moderate risks.
8.5%
Avg. ROI
9.2%
Rental Yield
7.5%
Cap Rate
$350/mo
Avg. Cash Flow
$850/mo
Avg. Rent
3.2%
1Y Appreciation
Frequently Asked Questions
Properties in Kaleva typically yield around 9.2%, making it a favorable market for real estate investors seeking strong rental income.
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