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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Single Family Investment Properties for Sale in Springport, MI
Airbnb Potential
$ 199,900
ROI
29.6
Cash 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
$ 129,900
ROI
24.4Cash Flow/m
168- 3 Bed
- 1 Bath
- 1000 sft
225 Oyer St, Springport, MI, 49284
$ 189,900
ROI
24.7Cash Flow/m
260- 2 Bed
- 1 Bath
- 960 sft
11765 Crawford Rd, Springport, MI, 49284
Why Invest in Springport, Michigan?
Investing in single-family homes in Springport, MI offers a promising opportunity with stable rental yields and appealing cash flow for residential investors. The local market benefits from steady appreciation rates and favorable cap rates making it suitable for long-term investment. Springport's rental market is supported by a significant renter-occupied population and consistent demand. With a balanced mix of economic growth metrics, investors can expect solid returns while diversifying portfolios within Michigan.
7.2%
Avg. ROI
6.5%
Rental Yield
5.8%
Cap Rate
$350/mo
Avg. Cash Flow
$850/mo
Avg. Rent
3.2%
1Y Appreciation
Frequently Asked Questions
The average rental yield for single-family homes in Springport, MI is approximately 6.5%, making it an attractive option for income-focused investors.
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