Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Single Family 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 single-family homes in Rapid City, MI offers a unique opportunity to tap into a stable rental market with strong cash flow potential. This area shows an average ROI of 7.4%, with rental yields around 8.2% and a cap rate of 6.5%, making it a promising choice for real estate investors. Investors can also benefit from an average monthly rent of $1,200 and steady appreciation rates near 3.1%. Rapid City's renter-occupied rate of 45% indicates a balanced demand for rental properties in this single-family segment.
7.4%
Avg. ROI
8.2%
Rental Yield
6.5%
Cap Rate
$350/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3.1%
1Y Appreciation
Frequently Asked Questions
The average rental yield for single-family homes in Rapid City is approximately 8.2%, indicating strong income potential for investors.
Find Your Perfect Investment Property in Rapid City, Michigan
Explore investment opportunities by strategy, performance, or property type
