Single Family Investment Properties for Sale in Sparta, MI
Listed for sale 7 days ago
$ 320,000
ROI
25.7
Cash Flow/m
530- 3 Bed
- 2 Bath
- 1512 sft
9422 Sparta Ave NW, Sparta, MI, 49345
$ 310,000
ROI
23.7Cash Flow/m
343- 3 Bed
- 1 Bath
- 1700 sft
328 Doris St NW, Sparta, MI, 49345
$ 275,000
ROI
23.8Cash Flow/m
312- 3 Bed
- 2 Bath
- 1547 sft
124 Washington St NW, Sparta, MI, 49345
$ 269,900
ROI
28.5Cash Flow/m
653- 3 Bed
- 1 Bath
- 1436 sft
82 Grove St, Sparta, MI, 49345
Why Invest in Sparta, Michigan?
Investing in single-family homes in Sparta, MI offers a promising opportunity for steady rental income and moderate appreciation. This market features an average ROI of 7.2%, driven by a healthy rental yield and a cap rate around 6%. Investors benefit from a cash flow averaging $350 monthly and growing rents in a stable, renter-occupied community of about 38%. Local economic factors such as expanding employment and income trends further underpin long-term value growth.
7.2%
Avg. ROI
5.8%
Rental Yield
6%
Cap Rate
$350/mo
Avg. Cash Flow
$1050/mo
Avg. Rent
3.2%
1Y Appreciation
Frequently Asked Questions
The average ROI for single-family homes in Sparta is approximately 7.2%, reflecting steady rental yields and property appreciation.
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