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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Sparta, MI

Listed for sale 1 day ago
$ 349,000
ROI
23.2
Cash Flow/m
337- 3 Bed
- 2 Bath
- 1914 sft
390 W Division St, Sparta, MI, 49345

Listed for sale 2 days ago
$ 305,000
ROI
25.2
Cash Flow/m
462- 3 Bed
- 2 Bath
- 1056 sft
255 Fifteen Mile Rd NW, Sparta, MI, 49345

Listed for sale 3 days ago
$ 419,500
ROI
21.8
Cash Flow/m
242- 4 Bed
- 2 Bath
- 2628 sft
12281 Pennington Ave NE, Sparta, MI, 49345

Listed for sale 3 days ago
$ 219,900
ROI
30.5
Cash Flow/m
655- 2 Bed
- 1 Bath
- 760 sft
13507 Olin Lakes Dr, Sparta, MI, 49345
Why Invest in Sparta, Michigan?
Sparta, MI offers a solid opportunity for real estate investors seeking steady returns. The local market shows an average ROI of 7.5%, with rental yields near 6% that appeal to multifamily property investors. Cap rates average 5.2%, supporting moderate appreciation trends around 3% annually. Average monthly rents hover near $1,000, and renter occupancy rates remain stable at 63%. Those targeting properties in Sparta can benefit from a balanced market with steady cash flow and appreciation potential.
7.5%
Avg. ROI
6%
Rental Yield
5.2%
Cap Rate
$450/mo
Avg. Cash Flow
$1000/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Sparta, MI is approximately 6%, making it a solid option for investors seeking steady rental income.
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