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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High Rental Yield 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?
Investors seeking high rental yield properties will find Casnovia, MI appealing due to its strong local rental market and affordable property prices. High rental yields around 9% accompany steady average rents near $900 per month. The area benefits from a cap rate of approximately 7% and average cash flow of $150 monthly. Appreciation rates have remained stable at about 3% annually. The renter-occupied rate near 45% indicates a solid tenant base for investment stability.
8.5%
Avg. ROI
9%
Rental Yield
7%
Cap Rate
$150/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Casnovia is around 9%, making it an attractive market for income-focused real estate investors.
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