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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Wallace, MI
Listed for sale 5 days ago
$ 125,000
ROI
24.0
Cash Flow/m
148- 3 Bed
- 2 Bath
- 1450 sft
N6490 County Road 577, Wallace, MI, 49893
Listed for sale 6 days ago
$ 399,000
ROI
27.6Cash Flow/m
867- 6 Bed
- 4 Bath
- 3347 sft
N4937 River Dr, Wallace, MI, 49893
$ 259,900
ROI
21.0Cash Flow/m
93- 3 Bed
- 1 Bath
- 1252 sft
W5488 County Road 342, Wallace, MI, 49893
$ 218,000
ROI
22.0Cash Flow/m
136- 2 Bed
- 1 Bath
- 1162 sft
W6122 Co Rd 346, 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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