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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High Rental Yield Investment Properties for Sale in Palmyra, MI
$ 129,900
ROI
23.1
Cash Flow/m
122- 2 Bed
- 1 Bath
- 1260 sft
5377 Palmyra Rd, Palmyra, MI, 49268
$ 284,900
ROI
21.8Cash Flow/m
161- 4 Bed
- 2 Bath
- 2095 sft
6600 Rouget Rd, Palmyra, MI, 49268
$ 180,000
ROI
24.4Cash Flow/m
234- 2 Bed
- 1 Bath
- 1200 sft
1102 Wellsville Hwy, Palmyra, MI, 49268
$ 110,000
ROI
23.9Cash Flow/m
126- 2 Bed
- 2 Bath
- 980 sft
6162 Mitchell Rd, Palmyra, MI, 49268
Why Invest in Palmyra, Michigan?
Investing in Palmyra, MI with a focus on high rental yield properties offers attractive opportunities for real estate investors. The area boasts an average rental yield of 8.5%, supported by strong demand and a renter-occupied rate near 65%. Average cash flow for these properties remains robust, while cap rates hover around 7%, offering solid returns. Appreciation in the market has steadily averaged 3% annually, making this a compelling market for steady passive income and long-term growth.
9.2%
Avg. ROI
8.5%
Rental Yield
7%
Cap Rate
$1200/mo
Avg. Cash Flow
$950/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Palmyra is approximately 8.5%, making it attractive for investors seeking high cash flow properties.
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