Single Family Investment Properties for Sale in Wayland, MI
Fix & Flip
Motivated Seller
Listed for sale 4 days ago
$ 234,900
ROI
25.4
Cash Flow/m
367- 3 Bed
- 1 Bath
- 1721 sft
4393 Division St, Wayland, MI, 49348
$ 319,900
ROI
26.0Cash Flow/m
554- 3 Bed
- 2 Bath
- 1801 sft
405 Hill Lake Rd, Wayland, MI, 49348
$ 222,000
ROI
24.3Cash Flow/m
278- 2 Bed
- 1 Bath
- 984 sft
533 W Cherry St, Wayland, MI, 49348
$ 329,900
ROI
23.3Cash Flow/m
329- 3 Bed
- 2 Bath
- 1735 sft
820 Harvest Dr, 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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