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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Springport, MI
Listed for sale 7 days ago
$ 268,000
ROI
25.5
Cash Flow/m
431- 3 Bed
- 2 Bath
- 2129 sft
12441 Town Rd, Springport, MI, 49269
Motivated Seller
$ 140,000
ROI
23.4Cash Flow/m
142- 3 Bed
- 2 Bath
- 1766 sft
29510 S Dr N, Springport, MI, 49284
$ 329,900
ROI
27.2Cash Flow/m
684- 3 Bed
- 3 Bath
- 2158 sft
28660 E Baseline Hwy, Springport, MI, 49284
$ 189,900
ROI
26.1Cash Flow/m
334- 3 Bed
- 1 Bath
- 1145 sft
330 Grand St, 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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