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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Single Family Investment Properties for Sale in Wayland, MI
Listed for sale 1 day ago
$ 329,900
ROI
20.8
Cash Flow/m
94- 3 Bed
- 1 Bath
- 1497 sft
861 132nd Ave, Wayland, MI, 49348
Listed for sale 6 days ago
$ 550,000
ROI
22.1Cash Flow/m
309- 3 Bed
- 4 Bath
- 2862 sft
4483 Chicory Ct, Wayland, MI, 49348
$ 449,900
ROI
20.2Cash Flow/m
54- 4 Bed
- 3 Bath
- 2336 sft
3214 7th St, Wayland, MI, 49348
$ 419,000
ROI
27.0Cash Flow/m
839- 5 Bed
- 4 Bath
- 2888 sft
4367 Hickory View Ct, Wayland, MI, 49348
Why Invest in Wayland, Michigan?
Investing in single-family homes in Wayland, MI offers a stable opportunity for real estate investors looking for solid returns. The local market boasts an average ROI of 7.2%, rental yields around 6.5%, and cap rates near 5.8%, making it attractive for consistent cash flow. Appreciation rates are steady at about 3% annually. Single-family homes remain in demand due to strong renter occupancy rates exceeding 90%, supported by growing local employment and affordable housing costs.
7.2%
Avg. ROI
6.5%
Rental Yield
5.8%
Cap Rate
$850/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield for single-family homes in Wayland is approximately 6.5%, reflecting strong rental demand and stable market conditions.
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