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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High Rental Yield Investment Properties for Sale in Mendon, MI
Fix & Flip
$ 214,900
ROI
27.6
Cash Flow/m
467- 3 Bed
- 2 Bath
- 1350 sft
843 Vinewood Dr, Mendon, MI, 49072
$ 215,000
ROI
26.6Cash Flow/m
410- 3 Bed
- 2 Bath
- 1423 sft
865 W Main St, Mendon, MI, 49072
$ 157,500
ROI
24.9Cash Flow/m
224- 3 Bed
- 2 Bath
- 1072 sft
226 Pleasant St, Mendon, MI, 49072
$ 289,900
ROI
21.8Cash Flow/m
162- 2 Bed
- 2 Bath
- 1255 sft
25395 Flach Rd, Mendon, MI, 49072
Why Invest in Mendon, Michigan?
Investors seeking high rental yield properties in Mendon, MI will find promising opportunities in this growing community. This region offers an attractive average rental yield of 9.2%, supported by a strong cap rate of 7.1%. With an average ROI near 11% and favorable cash flow metrics, rental properties here continue to appreciate steadily by around 3.5% annually. The renter-occupied rate is notably high at 62%, indicating a strong tenant base driven by local demand and economic stability.
11%
Avg. ROI
9.2%
Rental Yield
7.1%
Cap Rate
$850/mo
Avg. Cash Flow
$950/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
Properties in Mendon typically offer a rental yield around 9.2%, which is considered attractive for investors seeking steady income.
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