High Rental Yield Investment Properties for Sale in Wayland, MI
Listed for sale 1 day ago
$ 310,000
ROI
21.8
Cash Flow/m
178- 4 Bed
- 2 Bath
- 1646 sft
629 W Maple St, Wayland, MI, 49348
Listed for sale 1 day ago
$ 104,995
ROI
23.5Cash Flow/m
109- 4 Bed
- 2 Bath
- 1904 sft
4326 Manchester Ct #358, Wayland, MI, 49348
Listed for sale 2 days ago
$ 130,995
ROI
24.4Cash Flow/m
169- 2 Bed
- 2 Bath
- 1568 sft
1135 Buckingham St #97, Wayland, MI, 49348
Fix & Flip
Motivated Seller
Listed for sale 4 days ago
$ 234,900
ROI
25.4Cash Flow/m
367- 3 Bed
- 1 Bath
- 1721 sft
4393 Division 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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