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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
$ 359,900
ROI
25.7
Cash Flow/m
593- 3 Bed
- 3 Bath
- 2430 sft
24460 Prairie Corners Rd, Mendon, MI, 49072
$ 249,500
ROI
23.4Cash Flow/m
251- 3 Bed
- 2 Bath
- 1658 sft
54577 Silver St, Mendon, MI, 49072
$ 269,000
ROI
22.6Cash Flow/m
211- 3 Bed
- 2 Bath
- 1670 sft
246 S Nottawa St, Mendon, MI, 49072
$ 159,900
ROI
31.5Cash Flow/m
525- 3 Bed
- 1 Bath
- 1712 sft
315 East St, 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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