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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in New Baltimore, MI
Listed for sale 3 days ago
$ 349,900
ROI
27.3
Cash Flow/m
738- 3 Bed
- 2 Bath
- 1640 sft
51571 Bedford St, New Baltimore, MI, 48047
Listed for sale 5 days ago
$ 439,900
ROI
25.1Cash Flow/m
652- 3 Bed
- 2 Bath
- 1657 sft
51707 Washington St, New Baltimore, MI, 48047
Listed for sale 5 days ago
$ 460,000
ROI
26.6Cash Flow/m
876- 4 Bed
- 4 Bath
- 3491 sft
35435 Saint Clair Dr, New Baltimore, MI, 48047
Listed for sale 5 days ago
$ 424,900
ROI
20.3Cash Flow/m
59- 3 Bed
- 3 Bath
- 1704 sft
51819 Kings Pointe Dr, New Baltimore, MI, 48047
Why Invest in New Baltimore, Michigan?
Investing in New Baltimore, MI offers solid opportunities with an average ROI of 7%, making it attractive for real estate investors. The city boasts a rental yield of 6% and a cap rate of 5%, highlighting healthy rental returns. Average rents are around $1,200 per month with steady appreciation of 3% annually. Properties with higher cash flow potential can be found thanks to a renter-occupied rate near 48%. This balanced market is backed by strong economic and demographic fundamentals.
7%
Avg. ROI
6%
Rental Yield
5%
Cap Rate
$350/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield in New Baltimore is around 6%, providing attractive returns for rental property investors in the area.
Find Your Perfect Investment Property in New Baltimore, Michigan
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