High ROI 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 the high ROI properties in Spruce, MI offers significant opportunities for growth and income. This niche market showcases an average return on investment of 7.5%, driven by solid rental yields around 6.8%. The cap rates hold steady near 6%, supporting reliable cash flows averaging $1,200 monthly. Appreciation rates hover around 3.5%, making Spruce a promising spot for both short-term rental income and long-term capital gains.
7.5%
Avg. ROI
6.8%
Rental Yield
6%
Cap Rate
$1200/mo
Avg. Cash Flow
$1100/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
Spruce offers competitive cap rates and rental yields, supported by steady job growth and a balanced housing market. Its moderate appreciation and strong rental demand make it attractive for investors seeking both income and growth.
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