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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Single Family Investment Properties for Sale in Mears, MI
$ 239,900
ROI
21.5
Cash Flow/m
115- 3 Bed
- 1 Bath
- 1412 sft
1790 N 56th Ave, Mears, MI, 49436
$ 289,000
ROI
28.4Cash Flow/m
693- 3 Bed
- 3 Bath
- 2400 sft
9913 Santa Fe Trl, Mears, MI, 49436
$ 160,000
ROI
35.0Cash Flow/m
679- 2 Bed
- 1 Bath
- 720 sft
728 N Crystal Ln, Mears, MI, 49436
$ 160,000
ROI
33.9Cash Flow/m
630- 2 Bed
- 1 Bath
- 720 sft
8370 W Whipperwill Ln, Mears, MI, 49436
Why Invest in Mears, Michigan?
Investing in single-family homes in Mears, MI offers a unique opportunity to leverage the growing rental demand in this charming city. The local market shows an average ROI of 6.5% with a solid rental yield of 8%, driven by a cap rate of 6.8%. Average rent prices hover around $900 monthly, supporting steady cash flows and a healthy appreciation rate near 3%. Mears presents a stable renter-occupied market with 65% occupancy, ideal for long-term investment strategies.
6.5%
Avg. ROI
8%
Rental Yield
6.8%
Cap Rate
$350/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield for single-family homes in Mears, MI is approximately 8%, reflecting a stable rental market with strong demand.
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