Single Family Investment Properties for Sale in Saint Joseph, MI

Listed for sale 4 days ago
$ 650,000
ROI
21.5
Cash Flow/m
254- 4 Bed
- 4 Bath
- 2781 sft
415 Ridgeway St, Saint Joseph, MI, 49085

$ 475,000
ROI
26.9
Cash Flow/m
943- 4 Bed
- 4 Bath
- 2314 sft
730 Lincoln Pines Pl, Saint Joseph, MI, 49085

$ 329,900
ROI
28.8
Cash Flow/m
833- 3 Bed
- 2 Bath
- 1757 sft
1795 Arcadia Dr, Saint Joseph, MI, 49085

$ 450,000
ROI
20.5
Cash Flow/m
92- 3 Bed
- 2 Bath
- 2631 sft
4139 Grandwood Cir, Saint Joseph, MI, 49085
Why Invest in Saint Joseph, Michigan?
Investing in single-family homes in Saint Joseph, MI offers stable returns within a growing local economy. With a cap rate near 7%, rental yield around 8%, and average cash flow attractive to investors, this market balances income with appreciation potential. The average rent of $1,200 supports steady cash flow amid a renter-occupied rate of 38%. Property appreciation at roughly 4% annually adds long-term equity growth. Government data shows positive economic and demographic trends supporting this type of investment.
8.5%
Avg. ROI
7.8%
Rental Yield
6.9%
Cap Rate
$180/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rental yield for single-family homes in Saint Joseph, MI is approximately 7.8%, indicating strong rental income relative to property values.
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