Single Family Investment Properties for Sale in South Range, MI
69- 3 Bed
- 2 Bath
- 1644 sft
925- 4 Bed
- 3 Bath
- 2956 sft
655- 4 Bed
- 2 Bath
- 1691 sft
1087- 3 Bed
- 1 Bath
- 1262 sft
Why Invest in South Range, Michigan?
Investing in single-family homes in South Range, MI offers attractive opportunities for real estate investors seeking solid returns. With an average ROI of 7.2% and a rental yield of 8.0%, this market demonstrates strong cash flow potential and steady property appreciation. The average rent price is affordable at $1,100 per month, catering to a renter-occupied rate of 55%, indicating healthy tenant demand. Additionally, the local cap rate of 6.5% reflects a balanced investment climate supported by stable economic growth and a growing rental market.
Frequently Asked Questions
The average rental yield for single-family homes in South Range is approximately 8.0%, offering a solid return for investors focusing on rental income.
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