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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
Listed for sale 7 days ago
$ 564,576
ROI
21.3
Cash Flow/m
184- 4 Bed
- 3 Bath
- 4422 sft
8767 Narrow Lake Rd, Springport, MI, 49284
$ 260,000
ROI
26.2Cash Flow/m
466- 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
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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