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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
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 3 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 4 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 4 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?
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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