High Rental Yield Investment Properties for Sale in Spruce, MI
$ 225,000
ROI
23.5
Cash Flow/m
237- 3 Bed
- 2 Bath
- 1610 sft
265 Old Trail Dr, Spruce, MI, 48762
$ 115,000
ROI
25.0Cash Flow/m
167- 3 Bed
- 1 Bath
- 1409 sft
413 W Main St, Spruce, MI, 48762
$ 130,000
ROI
23.6Cash Flow/m
140- 2 Bed
- 1 Bath
- 1224 sft
1385 N Hubbard Lake Rd, Spruce, MI, 48762
Fix & Flip
$ 147,250
ROI
24.6Cash Flow/m
197- 3 Bed
- 1 Bath
- 1380 sft
6606 N Us Highway 23, 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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