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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Single Family Investment Properties for Sale in Palms, MI
$ 249,900
ROI
24.9
Cash Flow/m
357- 3 Bed
- 2 Bath
- 1476 sft
5750 Snay Rd, Palms, MI, 48465
$ 189,000
ROI
26.5Cash Flow/m
354- 3 Bed
- 2 Bath
- 1624 sft
6170 Range Line Rd, Palms, MI, 48465
$ 159,900
ROI
26.7Cash Flow/m
310- 3 Bed
- 2 Bath
- 1200 sft
5755 Schock Rd, Palms, MI, 48465
Fix & Flip
$ 125,000
ROI
60.6Cash Flow/m
1422- 5 Bed
- 2 Bath
- 1900 sft
6137 Morin Rd, Palms, MI, 48465
Why Invest in Palms, Michigan?
Investing in single-family homes in Palms, MI, offers access to a stable rental market with a current average rental yield of 7%. This area shows promising appreciation rates around 3.8%, supported by a growing renter-occupied population of 62%. Single-family properties here generate average monthly cash flow of approximately $450 and maintain a cap rate near 6%. These metrics are backed by consistent economic growth and demographic stability in the region.
8.2%
Avg. ROI
7%
Rental Yield
6%
Cap Rate
$450/mo
Avg. Cash Flow
$1100/mo
Avg. Rent
3.8%
1Y Appreciation
Frequently Asked Questions
The average rental yield for single-family homes in Palms, MI is approximately 7%, reflecting solid rental demand in the area.
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