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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
Listed for sale 1 day ago
$ 484,900
ROI
22.8
Cash Flow/m
409- 3 Bed
- 3 Bath
- 1846 sft
1804 Water Lily Ln, Wayland, MI, 49348
Listed for sale 5 days ago
$ 455,000
ROI
23.5Cash Flow/m
480- 4 Bed
- 3 Bath
- 2146 sft
4257 Old Farm Dr, Wayland, MI, 49348
Listed for sale 7 days ago
$ 289,000
ROI
23.4Cash Flow/m
296- 3 Bed
- 1 Bath
- 1424 sft
1232 Rosewood Ave, Wayland, MI, 49348
Listed for sale 7 days ago
$ 250,000
ROI
21.0Cash Flow/m
84- 3 Bed
- 2 Bath
- 1300 sft
3986 2nd St, 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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