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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High Rental Yield 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 strong opportunities in the high rental yield sector. With a growing demand for rental properties, investors can benefit from an average rental yield of 8.2% and a cap rate of 6.5%. Average cash flow is solid, supported by an average rent of $900 per month. The area's renter-occupied rate stands at 67%, reflecting a stable tenant base. Moderate appreciation rates near 3% also make it attractive for long-term gains.
7.5%
Avg. ROI
8.2%
Rental Yield
6.5%
Cap Rate
$350/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
Caro's stable rental market with rising rents and a healthy renter-occupied rate creates solid cash flow opportunities. The area's economic stability and steady employment growth also support investor confidence.
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