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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High Rental Yield Investment Properties for Sale in Wayland, MI
$ 245,000
ROI
27.2
Cash Flow/m
505- 2 Bed
- 1 Bath
- 955 sft
1233 138th Ave, Wayland, MI, 49348
$ 309,900
ROI
25.3Cash Flow/m
478- 5 Bed
- 2 Bath
- 1742 sft
1033 Dahlia Ave, Wayland, MI, 49348
$ 230,000
ROI
26.9Cash Flow/m
456- 2 Bed
- 2 Bath
- 624 sft
350 E Superior St, Wayland, MI, 49348
$ 360,000
ROI
25.5Cash Flow/m
577- 4 Bed
- 2 Bath
- 2204 sft
414 Voyager Dr, Wayland, MI, 49348
Why Invest in Wayland, Michigan?
Investing in Wayland, MI with a focus on high rental yield properties presents an excellent opportunity for steady income and long-term growth. Rental yields here average 8%, with cap rates around 7%, indicating a favorable market for investors seeking strong cash flow. The average ROI hovers near 9%, supported by appreciating property values at approximately 3% annually. The renter-occupied rate is high, near 55%, reflecting solid rental demand in the area.
9%
Avg. ROI
8%
Rental Yield
7%
Cap Rate
$700/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Wayland for high rental yield properties is about 8%, making it attractive for investors seeking steady rental income.
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