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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
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
$ 159,900
ROI
23.3Cash Flow/m
159- 2 Bed
- 2 Bath
- 1216 sft
2705-N2705 River Dr, Wallace, MI, 49893
$ 379,900
ROI
20.1Cash Flow/m
40- 3 Bed
- 2 Bath
- 2400 sft
2417-N2417 River Dr, Wallace, MI, 49893
Why Invest in Wallace, Michigan?
Investing in single-family homes in Wallace, MI offers a unique opportunity to tap into a stable market with growing rental yields. The average rental yield here is approximately 7%, supported by a cap rate around 6%. Wallace's rental demand remains strong, with an average cash flow of $250 per month and consistent appreciation rates near 3%. Investors seeking steady returns in a tight housing supply will find this market attractive.
8%
Avg. ROI
7%
Rental Yield
6%
Cap Rate
$250/mo
Avg. Cash Flow
$950/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield for single-family homes in Wallace is approximately 7%, making it an attractive market for rental property investors.
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