Investment Properties for Sale in Mt Pleasant, MI
Listed for sale 4 days ago
$ 280,000
ROI
21.6
Cash Flow/m
147- 5 Bed
- 3 Bath
- 1644 sft
7309 Bellevue Dr, Mt Pleasant, MI, 48858
Listed for sale 7 days ago
$ 300,000
ROI
22.4Cash Flow/m
222- 3 Bed
- 2 Bath
- 2240 sft
215 E Lincoln St, Mt Pleasant, MI, 48858
$ 299,000
ROI
21.6Cash Flow/m
153- 3 Bed
- 2 Bath
- - sft
10510 E River Rd, Mt Pleasant, MI, 48858
$ 160,000
ROI
24.5Cash Flow/m
213- 3 Bed
- 1 Bath
- 1102 sft
6300 E Beal City Rd, Mt Pleasant, MI, 48858
Why Invest in Mt Pleasant, Michigan?
Investing in Mt Pleasant, MI offers a unique opportunity particularly in residential real estate where stable rental yields and consistent cap rates present attractive returns. The city's economy benefits from Central Michigan University, driving steady rental demand and positive cash flows. Average ROI in Mt Pleasant remains competitive within Michigan's real estate markets. Appreciation trends coupled with increasing rents provide a compelling case for long-term investment in this university town.
7%
Avg. ROI
6.2%
Rental Yield
6.5%
Cap Rate
$400/mo
Avg. Cash Flow
$900/mo
Avg. Rent
2.5%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Mt Pleasant is approximately 6.2%, reflecting strong demand driven by the university and local employment sectors.
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