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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Multi Family Investment Properties for Sale in Sparta, MI
$ 325,000
ROI
19.9
Cash Flow/m
11- 4 Bed
- 2 Bath
- 1980 sft
238-240 W Division St, Sparta, MI, 49345
Currently Rented
Rental Income
$ 226,500
ROI
24.6Cash Flow/m
303- 5 Bed
- 3 Bath
- 1633 sft
186 N Elm St, Sparta, MI, 49345
$ 249,900
ROI
21.4Cash Flow/m
116- 3 Bed
- 2 Bath
- 1560 sft
211 Martindale St NW, Sparta, MI, 49345
Currently Rented
$ 175,000
ROI
32.7Cash Flow/m
630- 4 Bed
- 2 Bath
- 2660 sft
126 E Gardner St, Sparta, MI, 49345
Why Invest in Sparta, Michigan?
Investing in multi-family properties in Sparta, MI offers a great opportunity to capitalize on growing rental demand with an average rental yield of 7.2%. The stable cap rate of 6.1% and average ROI of 8.3% reflect the area's healthy real estate market. Sparta's affordable average rent of $900 supports strong cash flow potential for investors. Appreciation rates near 3.5% annually suggest steady long-term growth potential, making it an attractive market for multi-family investments.
8.3%
Avg. ROI
7.2%
Rental Yield
6.1%
Cap Rate
$1200/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
Multi-family properties in Sparta offer strong rental yields, stable cap rates, and positive appreciation trends, providing steady cash flow and long-term growth potential for investors.
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