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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Saint Louis, MI
Currently Rented
Rental Income
Listed for sale 4 days ago
$ 119,000
ROI
33.1
Cash Flow/m
441- 4 Bed
- 2 Bath
- 1200 sft
319 W Saginaw St, Saint Louis, MI, 48880
$ 240,000
ROI
25.8Cash Flow/m
401- 3 Bed
- 2 Bath
- 1560 sft
311 Devon Dr, Saint Louis, MI, 48880
$ 171,900
ROI
25.7Cash Flow/m
282- 2 Bed
- 1 Bath
- 1558 sft
510 E Saginaw St, Saint Louis, MI, 48880
$ 185,000
ROI
26.6Cash Flow/m
351- 3 Bed
- 1 Bath
- 1456 sft
515 Union St, Saint Louis, MI, 48880
Why Invest in Saint Louis, Michigan?
Investing in Saint Louis, MI, offers promising returns with an average ROI of 7.5% and a rental yield of 9%. This area sees steady appreciation of around 3% annually, making it an attractive market for investors. The cap rate stands at 6.8%, coupled with an average cash flow of $180 per unit. With a renter-occupied rate of 65%, the market shows strong rental demand. Whether you are looking into single-family homes or multi-unit properties, Saint Louis, MI, presents solid investment opportunities.
7.5%
Avg. ROI
9%
Rental Yield
6.8%
Cap Rate
$180/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Saint Louis, MI is approximately 9%, making it a strong market for rental property investors.
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