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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Multi Family Investment Properties for Sale in Byron Center, MI
$ 374,900
ROI
30.0
Cash Flow/m
1068- 3 Bed
- 3 Bath
- 1537 sft
1164 Freshfield Dr, Byron Center, MI, 49315
$ 379,900
ROI
20.9Cash Flow/m
116- 3 Bed
- 3 Bath
- 1578 sft
8290 Cooks Corner Dr, Byron Center, MI, 49315
$ 409,900
ROI
27.1Cash Flow/m
837- 3 Bed
- 3 Bath
- 1930 sft
1150 Freshfield Dr, Byron Center, MI, 49315
$ 424,900
ROI
26.0Cash Flow/m
738- 3 Bed
- 3 Bath
- 1930 sft
1156 Freshfield Dr, Byron Center, MI, 49315
Why Invest in Byron Center, Michigan?
Investing in multi-family properties in Byron Center, MI offers a unique opportunity to capitalize on a growing rental market. The area's average ROI of 7.2% and cap rate of 6.5% demonstrate solid profitability for investors. Rental yields around 8.3% indicate strong rental income potential while the average monthly rent is approximately $1,200. The local market benefits from increasing appreciation rates, currently at 3.4%, supporting long-term asset value growth.
7.2%
Avg. ROI
8.3%
Rental Yield
6.5%
Cap Rate
$250/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3.4%
1Y Appreciation
Frequently Asked Questions
The average ROI for multi-family properties in Byron Center is approximately 7.2%, reflecting robust rental income and property appreciation.
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