Investment Properties for Sale in Casnovia, MI
Listed for sale 4 days ago
$ 225,000
ROI
20.1
Cash Flow/m
23- 3 Bed
- 2 Bath
- 1558 sft
61 Probasco St, Casnovia, MI, 49318
$ 429,900
ROI
21.6Cash Flow/m
215- 4 Bed
- 2 Bath
- 2386 sft
2055 S Peters Rd, Casnovia, MI, 49318
$ 325,000
ROI
30.7Cash Flow/m
990- 3 Bed
- 3 Bath
- 1647 sft
34 S Main St, Casnovia, MI, 49318
$ 250,000
ROI
31.5Cash Flow/m
817- 3 Bed
- 2 Bath
- 1496 sft
160 Grand St, 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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