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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High Rental Yield Investment Properties for Sale in Shelby, MI
Listed for sale 6 days ago
$ 239,900
ROI
23.4
Cash Flow/m
241- 3 Bed
- 1 Bath
- 1007 sft
2423 S 40th Ave, Shelby, MI, 49455
Listed for sale 7 days ago
$ 279,000
ROI
23.5Cash Flow/m
290- 3 Bed
- 2 Bath
- 1356 sft
299 Aspen Hill Dr, Shelby, MI, 49455
Listed for sale 7 days ago
$ 175,000
ROI
24.7Cash Flow/m
242- 3 Bed
- 2 Bath
- 1372 sft
354 Lesada Ave, Shelby, MI, 49455
$ 299,900
ROI
23.6Cash Flow/m
318- 3 Bed
- 1 Bath
- 1480 sft
1085 S 96th Ave, Shelby, MI, 49455
Why Invest in Shelby, Michigan?
Investing in Shelby, MI offers attractive opportunities for high rental yield properties. This area has a growing population and a stable rental market, with an average rental yield of 8.5%. Investors benefit from an average ROI near 7% and consistent appreciation around 3% annually. The cap rate of 6.2% combined with renter occupancy exceeding 65% makes Shelby a promising spot for rental income and long-term growth.
7%
Avg. ROI
8.5%
Rental Yield
6.2%
Cap Rate
$850/mo
Avg. Cash Flow
$950/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Shelby, MI for high rental yield properties is approximately 8.5%, making it an attractive market for investors.
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