Investment Properties for Sale in Concord, MI
Listed for sale 5 days ago
$ 179,500
ROI
23.5
Cash Flow/m
189- 4 Bed
- 2 Bath
- 2640 sft
119 Homer Rd, Concord, MI, 49237
$ 259,900
ROI
20.9Cash Flow/m
81- 4 Bed
- 3 Bath
- 1900 sft
130 S Concord St, Concord, MI, 49237
$ 179,900
ROI
29.6Cash Flow/m
492- 3 Bed
- 1 Bath
- 1376 sft
131 N Concord St, Concord, MI, 49237
$ 339,900
ROI
20.8Cash Flow/m
94- 3 Bed
- 3 Bath
- 2656 sft
527 Aldrich St, Concord, MI, 49237
Why Invest in Concord, Michigan?
Investing in Concord, MI offers a unique opportunity for real estate investors focusing on affordable housing and steady cash flow. With an average rental yield hovering around 7%, investors find attractive returns compared to many larger Michigan cities. The cap rate remains robust at approximately 6.5%, indicating profitable income potential. Rental properties see consistent demand, with renter-occupied rates near 55%. Appreciation in this market is steady at about 3% annually, making Concord an appealing blend of income and growth.
8.2%
Avg. ROI
7%
Rental Yield
6.5%
Cap Rate
$300/mo
Avg. Cash Flow
$750/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Concord, MI is approximately 7%, making it a strong market for income-focused real estate investors.
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