Investment Properties for Sale in Millington, MI
Listed for sale 3 days ago
$ 534,900
ROI
24.7
Cash Flow/m
675- 4 Bed
- 3 Bath
- 4239 sft
13392 Belsay Rd, Millington, MI, 48746
Listed for sale 7 days ago
$ 259,900
ROI
24.7Cash Flow/m
356- 3 Bed
- 2 Bath
- 1816 sft
8156 State Rd, Millington, MI, 48746
$ 224,900
ROI
27.1Cash Flow/m
462- 3 Bed
- 2 Bath
- 1674 sft
9284 Bray Rd, Millington, MI, 48746
$ 258,000
ROI
21.5Cash Flow/m
121- 3 Bed
- 2 Bath
- 1238 sft
7576 Podunk Dr, Millington, MI, 48746
Why Invest in Millington, Michigan?
Investing in Millington, MI offers unique opportunities especially for those interested in residential properties. The city’s average ROI stands at a solid 7%, supported by a rental yield of 6.2% and a cap rate of 5.5%. Average cash flow remains promising at around $250 per unit monthly. Millington benefits from a steady appreciation rate of 3.1% annually and a renter-occupied rate of approximately 40%. These metrics reflect a stable and growing real estate market attractive to investors.
7%
Avg. ROI
6.2%
Rental Yield
5.5%
Cap Rate
$250/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3.1%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Millington is approximately 6.2%, making it a solid market for rental property investors.
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