High Rental Yield Investment Properties for Sale in Kaleva, MI
$ 289,000
ROI
24.7
Cash Flow/m
397- 5 Bed
- 3 Bath
- 2220 sft
15766 Makinen Rd, Kaleva, MI, 49645
$ 184,900
ROI
24.6Cash Flow/m
248- 3 Bed
- 2 Bath
- 1528 sft
8931 Aura St, Kaleva, MI, 49645
$ 169,900
ROI
29.1Cash Flow/m
442- 3 Bed
- 2 Bath
- 1350 sft
15450 Johnson 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
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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