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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Casnovia, MI
$ 222,500
ROI
27.4
Cash Flow/m
527- 4 Bed
- 1 Bath
- 1799 sft
116 N Main St, Casnovia, MI, 49318
$ 270,000
ROI
21.9Cash Flow/m
162- 4 Bed
- 2 Bath
- 1920 sft
111 E Division St, Casnovia, MI, 49318
$ 129,000
ROI
24.9Cash Flow/m
185- 2 Bed
- 1 Bath
- 684 sft
942 Shaw Rd, Casnovia, MI, 49318
$ 214,900
ROI
29.9Cash Flow/m
606- 3 Bed
- 2 Bath
- 1488 sft
65 N Newaygo Rd, Casnovia, MI, 49318
Why Invest in Casnovia, Michigan?
Investing in Casnovia, MI offers promising opportunities for real estate investors seeking steady returns. The local market features an average ROI of 6.2%, supported by a rental yield of 8.5% and a cap rate of 6.0%. Average cash flow remains positive with $350/month, while average rent is affordable at $900. Appreciation rates hold steady at 3.1%, and renter occupancy sits near 60%, making it a great area for long-term rental investments.
6.2%
Avg. ROI
8.5%
Rental Yield
6%
Cap Rate
$350/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3.1%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Casnovia is approximately 8.5%, making it attractive for investors seeking rental income.
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