High ROI 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 ROI properties offers a promising opportunity for real estate investors. The local market displays an average ROI of 8.5% driven by solid rental yields and steady appreciation rates. Rental properties here yield approximately 7.2%, with cap rates averaging 6.8%, indicating strong cash flow potential. Average monthly rents stand at $1,200, supporting consistent income streams. Memphis' renter-occupied housing percentage is around 48%, reflecting sustained rental demand in the area.
8.5%
Avg. ROI
7.2%
Rental Yield
6.8%
Cap Rate
$250/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Memphis, MI is approximately 7.2%, making it an attractive market for rental property investors.
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