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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High ROI 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?
Investing in high ROI properties in Mendon, MI offers an excellent opportunity for stable cash flow and solid appreciation potential. This market shows an average ROI of 8%, with rental yields around 7% and cap rates near 6%. Investors benefit from an average cash flow of $350 per unit and average monthly rents around $900. Mendon's renter-occupied rate stands at 48%, reflecting a balanced demand for rental properties within this attractive Michigan locale.
8%
Avg. ROI
7%
Rental Yield
6%
Cap Rate
$350/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average ROI for rental properties in Mendon, MI is approximately 8%, offering investors a solid return compared to other local markets.
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