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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
Rental Income
Listed for sale 1 day ago
$ 170,000
ROI
23.6
Cash Flow/m
182- 2 Bed
- 1 Bath
- 990 sft
3720 Rice Rd NW, Rapid City, MI, 49676
$ 367,900
ROI
27.0Cash Flow/m
746- 4 Bed
- 3 Bath
- 1700 sft
12134 Jonathon Dr, Rapid City, MI, 49676
$ 349,900
ROI
23.1Cash Flow/m
324- 3 Bed
- 1 Bath
- 864 sft
8439 Ridge Rd, Rapid City, MI, 49676
Fix & Flip
$ 149,900
ROI
24.3Cash Flow/m
188- 3 Bed
- 1 Bath
- 1312 sft
9359 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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