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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 1 day ago
$ 259,000
ROI
21.6
Cash Flow/m
131- 3 Bed
- 2 Bath
- 1224 sft
720 Flamingo Ave, Portage, MI, 49024
Listed for sale 1 day ago
$ 264,900
ROI
31.0Cash 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
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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