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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High ROI Investment Properties for Sale in Pleasant Ridge, MI
$ 299,900
ROI
21.0
Cash Flow/m
103- 3 Bed
- 2 Bath
- 1036 sft
88 Wellesley Dr, Pleasant Ridge, MI, 48069
$ 299,999
ROI
20.9Cash Flow/m
99- 3 Bed
- 2 Bath
- 1423 sft
36 Woodward Heights Blvd, Pleasant Ridge, MI, 48069
$ 300,000
ROI
33.6Cash Flow/m
1156- 4 Bed
- 2 Bath
- 1799 sft
23 Fairwood Blvd, Pleasant Ridge, MI, 48069
$ 435,000
ROI
21.5Cash Flow/m
213- 3 Bed
- 2 Bath
- 1496 sft
24 Fairwood Blvd, Pleasant Ridge, MI, 48069
Why Invest in Pleasant Ridge, Michigan?
Investing in Pleasant Ridge, MI offers attractive opportunities, especially for high ROI properties. The area benefits from an average rental yield of 7.5% and a cap rate near 6%, reflecting solid cash flow potential. Investors can expect an average cash flow of $180 monthly with an average rent of $1,000. Appreciation rates are steady at around 3% annually, while renter occupancy remains high at 94%, ensuring consistent demand.
8%
Avg. ROI
7.5%
Rental Yield
6%
Cap Rate
$180/mo
Avg. Cash Flow
$1000/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
Properties in Pleasant Ridge with a high ROI filter typically offer an average ROI around 8%, driven by strong rental yields and cap rates.
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