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Grand Rapids, MI Properties

4,281 of 107,025 results

Find, analyze, and compare Grand Rapids, MI investment properties, including off-market opportunities and residential homes with value-add potential. Grand Rapids offers a diverse housing market with single-family homes, and vacant properties. Investors can explore potential investment opportunities for long-term rentals (LTRs) throughout Michigan. Explore housing market trends in Grand Rapids, where up-and-coming neighborhoods may offer potential for passive rental income and other investment strategies. Property Intel by Whitepages makes it easy to analyze market trends, uncover off-market properties, compare neighborhood benchmarks, and access owner contact information to help you find the best investment properties in Grand Rapids, MI for your real estate goals.

In Grand Rapids, the median property value currently stands at $270,967. The housing market includes a total of 122,969 houses.The median home in Grand Rapids has 1,512 square feet of living space, priced at a median of $162 per square foot with a median year built of 1937. For long-term rental properties in Grand Rapids, the median annual gross rental income is $29,400 (or $2,450/month) with estimated operating expenses of $8,461, resulting in an approximate gross cap rate of 8.26%.

Property Intel by Whitepages helps investors and homeowners explore the Grand Rapids area by offering market analysis tools, neighborhood benchmarks, owner contact information, and interactive maps. These tools support research into investment properties, including foreclosure data and off-market listings in Grand Rapids, MI.

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Housing Market Trends & Statistics for Grand Rapids, Michigan

Median Property Value
$270,967
Total number of Properties
122,969
Median Living Space
1,512 sq ft
Median Year Built
1937 (88 years)
5-Year Appreciation Forecast
Median Lot Size
9,932 sq ft
Average Ownership
8 months
for Grand Rapids, MI
  • Est. Rental Income
    $29,400 ($2,450 per month)
  • Net Operating Income
    $20,939 ($1,745 per month)
  • Cap Rate
    8.26%

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