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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Fix And Flip Investment Properties for Sale in Mount Pleasant, MI
Fix & Flip
$ 144,900
ROI
24.2
Cash Flow/m
178- 4 Bed
- 2 Bath
- 1461 sft
310 N Kinney Ave, Mount Pleasant, MI, 48858
Fix & Flip
$ 118,000
ROI
24.5Cash Flow/m
157- 2 Bed
- 1 Bath
- 936 sft
5510 E Remus Rd, Mount Pleasant, MI, 48858
Fix & Flip
$ 199,000
ROI
23.5Cash Flow/m
207- 8 Bed
- 3 Bath
- 2876 sft
812 S University St, Mount Pleasant, MI, 48858
Fix & Flip
$ 179,900
ROI
28.4Cash Flow/m
434- 3 Bed
- 2 Bath
- 1132 sft
902 E Bennett St, Mount Pleasant, MI, 48858
Why Invest in Mount Pleasant, Michigan?
Investing in fix and flip properties in Mount Pleasant, MI offers promising opportunities due to the city's growing rental market and steady property appreciation. With an average ROI of 12%, investors can capitalize on a cap rate of 7% and a rental yield of 6%. The area's average rent of $950 and cash flow near $250 per property add further attractiveness. The renter-occupied rate is high at 53%, driven by the local university population and a stable economy.
12%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$250/mo
Avg. Cash Flow
$950/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average ROI for fix and flip properties in Mount Pleasant is around 12%. This reflects steady appreciation and rental demand in the area.
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