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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 1 day ago
$ 264,900
ROI
31.0
Cash Flow/m
827- 4 Bed
- 2 Bath
- 2064 sft
9343 S Westnedge Ave, Portage, MI, 49002
Listed for sale 1 day ago
$ 205,000
ROI
30.1Cash Flow/m
592- 3 Bed
- 1 Bath
- 1024 sft
5723 Roanoke St, Portage, MI, 49024
Listed for sale 1 day ago
$ 315,000
ROI
28.4Cash Flow/m
760- 3 Bed
- 2 Bath
- 2060 sft
10382 Pennridge Dr, Portage, MI, 49024
Listed for sale 2 days ago
$ 400,000
ROI
20.4Cash Flow/m
74- 3 Bed
- 3 Bath
- 2035 sft
7524 Turnberry Ct, 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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