Multi Family Investment Properties for Sale in Monroe, MI
Rental Income
Listed for sale 7 days ago
$ 116,000
ROI
34.2
Cash Flow/m
466- 2 Bed
- 2 Bath
- 1092 sft
1636 Peters St, Monroe, MI, 48161
Currently Rented
Rental Income
$ 274,900
ROI
26.7Cash Flow/m
533- 7 Bed
- 3 Bath
- 9999 sft
15597 Norway St, Monroe, MI, 48161
$ 153,000
ROI
33.5Cash Flow/m
585- 6 Bed
- 2 Bath
- 3200 sft
760 Washington St, Monroe, MI, 48161
Currently Rented
Rental Income
$ 310,000
ROI
23.6Cash Flow/m
333- 5 Bed
- 4 Bath
- 2530 sft
3042 S Custer Rd, Monroe, MI, 48161
Why Invest in Monroe, Michigan?
Investing in multi-family properties in Monroe, MI offers promising returns for real estate investors. With an average ROI of 7%, rental yields steadily above 8%, and cap rates around 6%, Monroe is attracting savvy investors. The average rental income is approximately $1,200 monthly, supporting a strong average cash flow near $250 per unit. Stable renter occupancy rates near 90% and appreciation rates of 3.5% further enhance the investment outlook in this community-focused Michigan city.
7%
Avg. ROI
8.2%
Rental Yield
6%
Cap Rate
$250/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
The average rental yield for multi-family properties in Monroe is approximately 8.2%, reflecting strong rental demand in the area.
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