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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Wallace, MI
$ 218,000
ROI
22.0
Cash Flow/m
136- 2 Bed
- 1 Bath
- 1162 sft
W6122 Co Rd 346, Wallace, MI, 49893
$ 139,900
ROI
42.9Cash Flow/m
903- 2 Bed
- 2 Bath
- 1216 sft
N2705 RIVER DRIVE, Wallace, MI, 49893
$ 219,900
ROI
25.6Cash Flow/m
358- 3 Bed
- 1 Bath
- 1800 sft
N5728 CO RD 346, Wallace, MI, 49893
$ 159,900
ROI
23.3Cash Flow/m
159- 2 Bed
- 2 Bath
- 1216 sft
2705-N2705 River Dr, Wallace, MI, 49893
Why Invest in Wallace, Michigan?
Investing in residential properties in Wallace, MI offers promising returns driven by stable rental demand and steady appreciation. This area features an average ROI of 8%, supported by a healthy cap rate of 6% and consistent rental yield around 7%. Investors focusing on Wallace can expect an average cash flow near $800 per unit monthly. The renter-occupied housing rate of 45% indicates a balanced market, ideal for long-term rental investments.
8%
Avg. ROI
7%
Rental Yield
6%
Cap Rate
$800/mo
Avg. Cash Flow
$1100/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Wallace, MI is approximately 7%, reflecting strong rental demand and stable income potential for investors.
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