Investment Properties for Sale in Springport, MI
Airbnb Potential
Listed for sale 7 days ago
$ 190,000
ROI
24.9
Cash Flow/m
272- 2 Bed
- 1 Bath
- 1200 sft
3038 Luella Ln, Springport, MI, 49284
$ 499,900
ROI
27.5Cash Flow/m
1077- 4 Bed
- 3 Bath
- 3433 sft
8616 Lake Dr, Springport, MI, 49284
Airbnb Potential
$ 199,900
ROI
29.6Cash Flow/m
550- 2 Bed
- 2 Bath
- 1024 sft
3033 Luella Ln, Springport, MI, 49284
$ 300,000
ROI
27.5Cash Flow/m
650- 4 Bed
- 2 Bath
- 1520 sft
11534 Eaton Rapids Rd, Springport, MI, 49284
Why Invest in Springport, Michigan?
Investing in Springport, MI offers solid opportunities for those looking into residential real estate. The area shows an average ROI of 6.2% and a rental yield near 7%, appealing for investors seeking stable cash flow. Cap rates hover around 7%, reflecting a balanced market. Average cash flow remains positive with rent averaging $900 per month. Appreciation trends indicate a modest but steady growth, making Springport a viable investment option.
6.2%
Avg. ROI
7%
Rental Yield
7%
Cap Rate
$350/mo
Avg. Cash Flow
$900/mo
Avg. Rent
2.5%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Springport is around 7%, making it an attractive option for rental property investors.
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