Multi Family Investment Properties for Sale in Stevensville, MI

Currently Rented
Rental Income
Listed for sale 5 days ago
$ 279,900
ROI
32.0
Cash Flow/m
955- 4 Bed
- 2 Bath
- 2342 sft
2193 Carol Ln, Stevensville, MI, 49127

$ 279,900
ROI
26.4
Cash Flow/m
517- 4 Bed
- 2 Bath
- 1540 sft
2216 Charles Dr, Stevensville, MI, 49127

$ 237,000
ROI
27.0
Cash Flow/m
477- 4 Bed
- 2 Bath
- 2016 sft
3935 Reinhardt Dr, Stevensville, MI, 49127

$ 267,000
ROI
23.5
Cash Flow/m
279- 6 Bed
- 4 Bath
- 2068 sft
3919-3917 Reinhardt Dr, Stevensville, MI, 49127
Why Invest in Stevensville, Michigan?
Investing in multi-family properties in Stevensville, MI offers strong potential for steady rental income and long-term appreciation. The local market features a cap rate around 6%, rental yields near 7%, and an average ROI of approximately 8%. Rental demand remains robust with roughly 65% renter occupancy, supporting consistent cash flow opportunities. Stevensville's economic growth and expanding labor force reinforce positive investment prospects in this segment.
8%
Avg. ROI
7%
Rental Yield
6%
Cap Rate
$1200/mo
Avg. Cash Flow
$950/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average cap rate for multi-family properties in Stevensville is around 6%, offering investors a competitive return relative to other regional markets.
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