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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Casnovia, MI
$ 250,000
ROI
31.5
Cash Flow/m
817- 3 Bed
- 2 Bath
- 1496 sft
160 Grand St, Casnovia, MI, 49318
$ 250,000
ROI
25.0Cash Flow/m
364- 3 Bed
- 1 Bath
- 1424 sft
373 N Main St, Casnovia, MI, 49318
$ 315,000
ROI
29.3Cash Flow/m
836- 4 Bed
- 2 Bath
- 2240 sft
42 E Waterloo St NW, Casnovia, MI, 49318
$ 222,500
ROI
27.4Cash Flow/m
527- 4 Bed
- 1 Bath
- 1799 sft
116 N Main 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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