Investment Properties for Sale in Rapid City, MI
$ 399,900
ROI
22.9
Cash Flow/m
346- 3 Bed
- 3 Bath
- 3000 sft
6136 Aarwood Rd NW, Rapid City, MI, 49676
$ 379,000
ROI
22.6Cash Flow/m
305- 3 Bed
- 2 Bath
- 2034 sft
5501 Way Rd NW, Rapid City, MI, 49676
$ 230,000
ROI
30.4Cash Flow/m
679- 2 Bed
- 1 Bath
- 850 sft
5629 Main St NW, Rapid City, MI, 49676
$ 239,900
ROI
27.8Cash Flow/m
535- 3 Bed
- 2 Bath
- 1420 sft
5244 Westhaven Dr NW, Rapid City, MI, 49676
Why Invest in Rapid City, Michigan?
Rapid City, MI offers investors a unique opportunity in the Michigan real estate market. With a steady avgROI of 7.5% and rental yields around 9%, it's a promising location for long-term wealth building. Investors benefit from an average cap rate of 6.8% and positive appreciation rates near 3%. The avgCashFlow for rental properties is strong, complemented by a renter-occupied rate of 56%. Average rents hold steady at approximately $850 per month, making it a solid choice for rental investments.
7.5%
Avg. ROI
9%
Rental Yield
6.8%
Cap Rate
$450/mo
Avg. Cash Flow
$850/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Rapid City, MI is around 9%, making it an attractive market for rental property investors.
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