High Rental Yield Investment Properties for Sale in Memphis, MI
$ 245,000
ROI
31.6
Cash Flow/m
806- 3 Bed
- 2 Bath
- 1415 sft
34790 Benton St, Memphis, MI, 48041
$ 229,900
ROI
25.4Cash Flow/m
361- 3 Bed
- 1 Bath
- 1166 sft
34741 Maple St, Memphis, MI, 48041
$ 239,900
ROI
25.2Cash Flow/m
363- 3 Bed
- 1 Bath
- 940 sft
80185 Elinor St, Memphis, MI, 48041
$ 177,900
ROI
30.9Cash Flow/m
551- 2 Bed
- 1 Bath
- 932 sft
80131 Robert St, Memphis, MI, 48041
Why Invest in Memphis, Michigan?
Investing in Memphis, MI with a focus on high rental yield offers promising returns for real estate investors. This city boasts an average rental yield of 10%, coupled with a cap rate of 8%, making it an attractive market for property investments. Average ROI sits at 12%, supported by an increasing renter-occupied rate of 65%. Additionally, average rental prices at $900 per month and a steady appreciation of 3.5% annually contribute to a healthy cash flow environment.
12%
Avg. ROI
10%
Rental Yield
8%
Cap Rate
$250/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Memphis, MI is approximately 10%, making it a lucrative option for real estate investors seeking high rental income.
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