Investment Properties for Sale in Byron, MI
$ 400,000
ROI
22.6
Cash Flow/m
319- 4 Bed
- 2 Bath
- 1696 sft
16057 Murray Rd, Byron, MI, 48418
$ 174,000
ROI
23.7Cash Flow/m
191- 3 Bed
- 1 Bath
- 1560 sft
10556 Silver Lake Rd, Byron, MI, 48418
$ 274,900
ROI
23.3Cash Flow/m
267- 3 Bed
- 2 Bath
- 1910 sft
11282 Silver Lake Rd, Byron, MI, 48418
$ 335,000
ROI
21.8Cash Flow/m
187- 3 Bed
- 2 Bath
- 1572 sft
11771 Lehring Rd, Byron, MI, 48418
Why Invest in Byron, Michigan?
Investors looking into Byron, MI will find promising opportunities in this growing city. The local market offers steady rental yield and positive appreciation, making it attractive for multifamily investments. Byron's average ROI aligns with Michigan's stable economic growth driven by manufacturing and healthcare sectors. With a cap rate above the national average, investors can expect solid cash flow from rental properties. The renter-occupied share is healthy, reflecting demand for quality housing.
7.2%
Avg. ROI
6.1%
Rental Yield
6.5%
Cap Rate
$950/mo
Avg. Cash Flow
$1100/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Byron, MI is approximately 6.1%, making it a viable market for rental property investors.
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