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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High Rental Yield Investment Properties for Sale in Wakefield, MI
Listed for sale 5 days ago
$ 219,900
ROI
22.9
Cash Flow/m
193- 3 Bed
- 2 Bath
- 1536 sft
1504 Putnam St, Wakefield, MI, 49968
Listed for sale 6 days ago
$ 199,900
ROI
22.1Cash Flow/m
130- 3 Bed
- 2 Bath
- 1001 sft
1010 Plymouth Rd, Wakefield, MI, 49968
$ 139,900
ROI
24.3Cash Flow/m
175- 4 Bed
- 2 Bath
- 2075 sft
502 Ascherman St, Wakefield, MI, 49968
$ 139,000
ROI
24.6Cash Flow/m
187- 2 Bed
- 1 Bath
- 1024 sft
1208 Anderson Ave, Wakefield, MI, 49968
Why Invest in Wakefield, Michigan?
Wakefield, MI offers high rental yield opportunities especially for investors focusing on high rental yield properties. The city's average rental yield is competitive within the state, supported by a growing renter population and stable appreciation rates. Investors can expect an average ROI of around 7% with strong cash flow potential. The cap rate here reflects a balanced market ideal for long-term rental income. Wakefield's affordable average rent further supports tenant demand in this Michigan locale.
7%
Avg. ROI
8%
Rental Yield
6%
Cap Rate
$250/mo
Avg. Cash Flow
$900/mo
Avg. Rent
2%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Wakefield is approximately 8%, making it a strong market for rental property investors focused on income.
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