Single Family 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 single-family homes in Casnovia, MI offers focused opportunities for steady cash flow and moderate appreciation. The local market shows an average ROI of 7%, with rental yields around 8% reflecting strong demand from renter-occupied properties, currently at 65%. Cap rates near 6% and average monthly rents under $1,200 provide a balanced risk-reward profile. Reliable employment growth and affordable housing supports long-term investment stability.
7%
Avg. ROI
8%
Rental Yield
6%
Cap Rate
$400/mo
Avg. Cash Flow
$1150/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield for single-family homes in Casnovia is approximately 8%, indicating healthy returns for rental property investors.
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