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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Mt Pleasant, MI
$ 189,900
ROI
25.7
Cash Flow/m
312- 4 Bed
- 2 Bath
- 1482 sft
610 N Fancher Ave, Mt Pleasant, MI, 48858
$ 138,200
ROI
40.7Cash Flow/m
805- 3 Bed
- 1 Bath
- 1280 sft
5865 W Isabella Rd, Mt Pleasant, MI, 48858
$ 164,900
ROI
23.4Cash Flow/m
167- 5 Bed
- 2 Bath
- 1884 sft
316 N University Ave, Mt Pleasant, MI, 48858
$ 159,000
ROI
32.3Cash Flow/m
556- 2 Bed
- 1 Bath
- 1536 sft
5444 W Greendale Ct, 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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