High Rental Yield Investment Properties for Sale in New Era, MI
$ 109,900
ROI
23.5
Cash Flow/m
114- 1 Bed
- 1 Bath
- 758 sft
5900 S Water Rd #216, New Era, MI, 49446
$ 155,000
ROI
23.9Cash Flow/m
177- 2 Bed
- 1 Bath
- 720 sft
4675 3rd St, New Era, MI, 49446
$ 400,000
ROI
20.0Cash Flow/m
31- 3 Bed
- 3 Bath
- 1946 sft
8183 W Cleveland Rd, New Era, MI, 49446
$ 150,000
ROI
23.7Cash Flow/m
165- 1 Bed
- 1 Bath
- 758 sft
5900 S Water Rd Unit 113, New Era, MI, 49446
Why Invest in New Era, Michigan?
Investing in Michigan offers promising high rental yields, attracting investors seeking steady cash flow. The 'high rental yield' filter highlights properties with attractive average returns around 7%, cap rates near 6%, and rental yields exceeding 8%. Michigan's affordability compared to national averages supports strong tenant demand, contributing to an average cash flow of $500 per unit monthly. Appreciation rates are moderate at about 3% annually, reflecting a stable market for long-term growth.
8%
Avg. ROI
8.5%
Rental Yield
6%
Cap Rate
$500/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Michigan is approximately 8.5%, making it an attractive option for investors seeking high cash flow.
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