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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High Rental Yield Investment Properties for Sale in Rapid City, MI
Listed for sale 4 days ago
$ 230,000
ROI
30.4
Cash 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
$ 449,900
ROI
23.6Cash Flow/m
487- 4 Bed
- 2 Bath
- 1726 sft
4724 Plum Valley Rd NW, Rapid City, MI, 49676
$ 214,900
ROI
22.8Cash Flow/m
182- 2 Bed
- 1 Bath
- 728 sft
8937 Valley Rd NW, Rapid City, MI, 49676
Why Invest in Rapid City, Michigan?
Investing in Rapid City, MI offers promising opportunities for real estate investors seeking high rental yield properties. With an average rental yield of 8.2%, investors can enjoy substantial cash flow and a cap rate around 7.5%. The local market benefits from stable appreciation rates near 3% annually and a strong renter occupancy of 92%, making it an attractive location for both established and first-time investors. Focus on high rental yield properties in this area to maximize ROI in Michigan's evolving real estate landscape.
8.9%
Avg. ROI
8.2%
Rental Yield
7.5%
Cap Rate
$550/mo
Avg. Cash Flow
$950/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Rapid City, MI is approximately 8.2%, making it a lucrative market for rental property investors.
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