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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Washington Township, MI
Listed for sale 5 days ago
$ 651,900
ROI
23.2
Cash Flow/m
556- 4 Bed
- 3 Bath
- 3301 sft
Manchester Plan, Powell Ridge, Washington Township, MI, 48094
$ 656,900
ROI
24.1Cash Flow/m
727- 4 Bed
- 3 Bath
- 3365 sft
Newberry Plan, Powell Ridge, Washington Township, MI, 48094
$ 646,900
ROI
25.5Cash Flow/m
964- 4 Bed
- 3 Bath
- 3518 sft
Lyndale Plan, Powell Ridge, Washington Township, MI, 48094
$ 649,900
ROI
28.3Cash Flow/m
1474- 4 Bed
- 3 Bath
- 3068 sft
Windsor Plan, Powell Ridge, Washington Township, MI, 48094
Why Invest in Washington Township, Michigan?
Investing in Washington Township, MI offers a favorable market for real estate with average ROI near 7%, rental yields about 6%, and a solid cap rate at 5.5%. The average rent is approximately $1,100, with an appreciation rate around 3% annually. This area sees about 65% renter occupancy, making it attractive for rental property investments. Its stable cash flow potential and growing economy further support strong investment opportunities.
7%
Avg. ROI
6%
Rental Yield
5.5%
Cap Rate
$900/mo
Avg. Cash Flow
$1100/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Washington Township is approximately 6%, reflecting a balanced rental market and solid returns for investors.
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