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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Multi Family Investment Properties for Sale in Lincoln Park, MI
$ 243,000
ROI
22.1
Cash Flow/m
159- 3 Bed
- 1 Bath
- 2160 sft
1509 Russell Ave, Lincoln Park, MI, 48146
Rental Income
$ 209,900
ROI
23.6Cash Flow/m
225- 4 Bed
- 2 Bath
- 2080 sft
1434 Reo Ave, Lincoln Park, MI, 48146
$ 210,000
ROI
21.0Cash Flow/m
74- 4 Bed
- 3 Bath
- 2394 sft
2084 Markese Ave, Lincoln Park, MI, 48146
$ 185,000
ROI
21.7Cash Flow/m
101- 2 Bed
- 2 Bath
- 1210 sft
2157 McLain Ave, Lincoln Park, MI, 48146
Why Invest in Lincoln Park, Michigan?
Investing in multi-family properties in Lincoln Park, MI offers a unique opportunity for steady cash flow and appreciation. The area's average ROI for multi-family investments is favorable, with stable rental yields supporting rental income. Cap rates remain competitive compared to nearby Detroit metro areas. Additionally, Lincoln Park benefits from a high renter occupancy rate, enhancing investment security. The growing local economy further supports long-term property value growth.
7.5%
Avg. ROI
6%
Rental Yield
6.5%
Cap Rate
$850/mo
Avg. Cash Flow
$1100/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield for multi-family properties in Lincoln Park, MI is approximately 6.0%, providing a solid income stream for investors.
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