Single Family Investment Properties for Sale in Portage, MI
Listed for sale 1 day ago
$ 285,000
ROI
26.0
Cash Flow/m
495- 4 Bed
- 2 Bath
- 1688 sft
3029 Radcliffe Ave, Portage, MI, 49024
Listed for sale 2 days ago
$ 296,630
ROI
29.5Cash Flow/m
804- 3 Bed
- 3 Bath
- 1798 sft
Integrity 1800 Plan, Pennridge Trail North, Portage, MI, 49024
Listed for sale 5 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 6 days ago
$ 220,000
ROI
20.7Cash Flow/m
58- 3 Bed
- 2 Bath
- 1363 sft
330 E Van Hoesen Blvd, Portage, MI, 49002
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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