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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Portage, MI
Listed for sale 4 days ago
$ 550,000
ROI
23.6
Cash Flow/m
529- 4 Bed
- 4 Bath
- 4072 sft
5017 Merryview Dr, Portage, MI, 49024
Listed for sale 4 days ago
$ 309,900
ROI
24.1Cash Flow/m
371- 3 Bed
- 2 Bath
- 1288 sft
1803 Pleasant Dr, Portage, MI, 49002
Listed for sale 5 days ago
$ 215,900
ROI
21.7Cash Flow/m
118- 2 Bed
- 2 Bath
- 1171 sft
6439 Oakland Dr, Portage, MI, 49024
Listed for sale 5 days ago
$ 284,999
ROI
30.9Cash Flow/m
881- 3 Bed
- 2 Bath
- 2350 sft
6426 Westshire St, Portage, MI, 49024
Why Invest in Portage, Michigan?
Investing in Portage, MI offers a solid opportunity for real estate investors looking for stable returns. The city's diverse economy and steady population growth contribute to an average rental yield of 6.2%, a cap rate of 5.5%, and an average ROI of 7%. Portage's affordable average rent of $1,100 supports consistent cash flow, making it attractive for rental investments. The city also benefits from a renter-occupied rate of 42% and an average annual appreciation of 3.2%.
7%
Avg. ROI
6.2%
Rental Yield
5.5%
Cap Rate
$900/mo
Avg. Cash Flow
$1100/mo
Avg. Rent
3.2%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Portage, MI is approximately 6.2%, making it a solid market for rental property investments.
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