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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Single Family 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
$ 199,900
ROI
28.9Cash Flow/m
506- 4 Bed
- 2 Bath
- 1971 sft
6585 Rouget Rd, Palmyra, MI, 49268
Why Invest in Palmyra, Michigan?
Investing in single-family homes in Palmyra, MI offers steady rental yields and promising appreciation potential. This location features an average rental yield of 7.2% and a cap rate around 6%, making it attractive for investors seeking cash flow and growth. The local economy benefits from stable employment growth, supporting renter demand, with about 45% renter-occupied housing. With moderate appreciation rates and average rents near $1,200, Palmyra presents balanced investment opportunities for single-family properties.
8%
Avg. ROI
7.2%
Rental Yield
6%
Cap Rate
$950/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
The average rental yield for single-family homes in Palmyra is approximately 7.2%, making it a competitively profitable investment market.
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