Investment Properties for Sale in Portage, MI
Listed for sale 1 day ago
$ 296,630
ROI
29.5
Cash Flow/m
804- 3 Bed
- 3 Bath
- 1798 sft
Integrity 1800 Plan, Pennridge Trail North, Portage, MI, 49024
Listed for sale 4 days ago
$ 240,000
ROI
20.4Cash Flow/m
43- 4 Bed
- 4 Bath
- 2350 sft
703 E Osterhout Ave, Portage, MI, 49002
Fix & Flip
Listed for sale 5 days ago
$ 220,000
ROI
20.7Cash Flow/m
58- 3 Bed
- 2 Bath
- 1363 sft
330 E Van Hoesen Blvd, Portage, MI, 49002
Listed for sale 5 days ago
$ 395,000
ROI
24.8Cash Flow/m
552- 3 Bed
- 2 Bath
- 1590 sft
9632 Woodlawn Dr, Portage, MI, 49002
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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