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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Single Family Investment Properties for Sale in Portage, MI
Listed for sale 3 days ago
$ 309,900
ROI
29.6
Cash Flow/m
850- 3 Bed
- 2 Bath
- 1871 sft
7738 Andrea Ln, Portage, MI, 49024
Listed for sale 3 days ago
$ 455,000
ROI
23.7Cash Flow/m
501- 4 Bed
- 3 Bath
- 3113 sft
9468 Orangeview Dr, Portage, MI, 49024
Listed for sale 3 days ago
$ 389,000
ROI
31.4Cash Flow/m
1257- 5 Bed
- 4 Bath
- 2711 sft
1738 Greenbriar Dr, Portage, MI, 49024
Listed for sale 3 days ago
$ 280,000
ROI
29.6Cash Flow/m
768- 3 Bed
- 2 Bath
- 1641 sft
5859 Thunder Bay St, Portage, MI, 49024
Why Invest in Portage, Michigan?
Investing in single-family homes in Portage, MI offers stable rental income backed by a solid rental yield of 8.2%. The area boasts an average ROI of 7.5% and a cap rate of 6.3%, making it attractive for real estate investors. With an average rent of $1,200 and cash flow averaging $350 monthly, Portage maintains a renter-occupied rate near 58%, indicating strong demand. Appreciation rates of 4.5% reflect steady market growth, ideal for both short and long-term investors.
7.5%
Avg. ROI
8.2%
Rental Yield
6.3%
Cap Rate
$350/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4.5%
1Y Appreciation
Frequently Asked Questions
The average rental yield for single-family homes in Portage, MI is approximately 8.2%, reflecting strong rental income potential in the area.
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