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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High Rental Yield Investment Properties for Sale in Spruce, MI
$ 220,000
ROI
20.7
Cash Flow/m
58- 4 Bed
- 1 Bath
- 1892 sft
816 E Swede Rd, Spruce, MI, 48762
$ 225,000
ROI
27.3Cash Flow/m
470- 4 Bed
- 2 Bath
- 2500 sft
3524 N Deer Rd, Spruce, MI, 48762
$ 245,200
ROI
21.0Cash Flow/m
88- 3 Bed
- 2 Bath
- 1680 sft
263 W Little Canyon Dr, Spruce, MI, 48762
$ 210,000
ROI
24.1Cash Flow/m
252- 3 Bed
- 2 Bath
- 1400 sft
4210 W Hubert Rd, Spruce, MI, 48762
Why Invest in Spruce, Michigan?
Investing in high rental yield properties in Spruce, MI offers an excellent opportunity for steady cash flow and attractive cap rates. The local market shows a rental yield of 8%, an average ROI of 7.5%, and consistent appreciation near 3% annually. Spruce's rental demand is strong with renter occupancy around 65%, making it a favorable spot for long-term investors seeking stable income. Properties filtered by high rental yield in this city combine solid appreciation with above-average cash flow metrics.
7.5%
Avg. ROI
8%
Rental Yield
6.5%
Cap Rate
$950/mo
Avg. Cash Flow
$1100/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Spruce, MI for high rental yield properties is about 8%, offering investors strong cash flow opportunities.
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