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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High Rental Yield Investment Properties for Sale in Wheeler, MI
Fix & Flip
$ 230,000
ROI
26.5
Cash Flow/m
431- 3 Bed
- 3 Bath
- 1248 sft
7933 E McGregor Rd, Wheeler, MI, 48662
$ 117,500
ROI
42.2Cash Flow/m
735- 3 Bed
- 1 Bath
- 1159 sft
8455 N Wheeler Rd, Wheeler, MI, 48662
$ 195,000
ROI
31.5Cash Flow/m
636- 3 Bed
- 2 Bath
- 1800 sft
4550 S Eight Mile Rd, Wheeler, MI, 48662
$ 229,000
ROI
27.5Cash Flow/m
493- 3 Bed
- 2 Bath
- 1633 sft
10433 N Ransom Rd, Wheeler, MI, 48662
Why Invest in Wheeler, Michigan?
Investing in high rental yield properties in Wheeler, MI offers robust returns with rental yields averaging 9.3%. This area provides attractive cap rates around 7.5%, alongside steady appreciation of 3.2% annually. Average rental income of $850 per unit supports solid cash flow near $150 monthly. Its renter-occupied rate is approximately 62%, highlighting strong tenant demand enriched by local economic growth. These metrics suggest Wheeler as a prime market for rental property investors seeking stable income and growth.
7.8%
Avg. ROI
9.3%
Rental Yield
7.5%
Cap Rate
$150/mo
Avg. Cash Flow
$850/mo
Avg. Rent
3.2%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Wheeler, MI is approximately 9.3%, making it an attractive market for investors focused on cash flow.
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