Turnkey Rental Properties for Sale in Michigan

47 active listings · Median price $239,900 · Average cap rate 5.7% · Price range $80,000 – $1,800,000

47 single family

There are currently 47 turnkey rental properties for sale in Michigan, with a median asking price of $239,900 and an average cap rate of 5.7% across current listings. Every listing links to its original source so you can verify details and contact the seller directly.

• 
  15466 Coyle St – Investment Home
  $135,000
  Detroit, MI 48227 · Single Family
  5.4% Cap Rate
• 
  3403 Crooks Rd – Investment Home
  $265,000
  Royal Oak, MI 48073 · Single Family
  3.5% Cap Rate
• 
  908 Maple St – Investment Home
  $239,900
  Wyandotte, MI 48192 · Single Family
  5.7% Cap Rate
• 
  718 N State Rd – Investment Home
  $260,000
  Belding, MI 48809 · Single Family
  5.6% Cap Rate
• 
  4400 Grass Lake Rd – Investment Home
  $299,900
  West Branch, MI 48661 · Single Family
  6.0% Cap Rate
• 
  51207 Luke Ln – Investment Home
  $499,999
  Novi, MI 48374 · Single Family
  4.8% Cap Rate
• 
  27 Mariva St – Investment Home
  $100,000
  Pontiac, MI 48342 · Single Family
  14.7% Cap Rate
• 
  7270 Bradley Rd – Investment Home
  $259,900
  Saginaw, MI 48601 · Single Family
  4.5% Cap Rate
• 
  8280 Brewster Ln – Investment Home
  $550,000
  Canton, MI 48187 · Single Family
  2.4% Cap Rate
• 
  49414 Mapleton – Investment Home
  $569,990
  Canton, MI 48188 · Single Family
  3.1% Cap Rate
• 
  25348 Orchard Lake Rd – Investment Home
  $329,999
  Farmington Hills, MI 48336 · Single Family
  8.1% Gross Yield
• 
  6717 Old Pipestone Rd – Investment Home
  $477,000
  Eau Claire, MI 49111 · Single Family
  3.7% Cap Rate