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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Caro, MI
Listed for sale 1 day ago
$ 249,900
ROI
23.9
Cash Flow/m
288- 3 Bed
- 2 Bath
- 1350 sft
3151 Frankford Rd, Caro, MI, 48723
Listed for sale 2 days ago
$ 119,900
ROI
24.5Cash Flow/m
158- 3 Bed
- 1 Bath
- 1152 sft
3350 E Dutcher Rd, Caro, MI, 48723
Listed for sale 2 days ago
$ 162,900
ROI
32.0Cash Flow/m
553- 2 Bed
- 1 Bath
- 1180 sft
904 Gibbs St, Caro, MI, 48723
Listed for sale 3 days ago
$ 214,500
ROI
24.6Cash Flow/m
289- 3 Bed
- 1 Bath
- 1196 sft
2254 Waterman Rd, Caro, MI, 48768
Why Invest in Caro, Michigan?
Investing in Caro, MI offers a unique opportunity for real estate investors seeking moderate appreciation and solid rental yields. The local market, characterized by an average ROI of 6.5% and a rental yield of 7.0%, supports steady cash flow. Cap rates around 7.2% enhance profitability for buy-and-hold investors. Average rents remain affordable at approximately $900 per month, attracting renter-occupied units near 55%. These factors combined make Caro a compelling location for diverse investment strategies.
6.5%
Avg. ROI
7%
Rental Yield
7.2%
Cap Rate
$350/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rent in Caro is approximately $900 per month, offering affordable options for tenants and solid cash flow for landlords.
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