High ROI 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?
Investors seeking high ROI properties in Concord, MI can benefit from the area's stable rental market and attractive cap rates. The current average ROI reaches around 8%, supported by a rental yield near 7%. With average rents of approximately $900 and a cap rate of 6.5%, properties offer solid cash flow potential. The appreciation rate is steadily increasing at roughly 3% annually, complemented by a healthy renter-occupied rate near 60%. This makes Concord a compelling market for discerning real estate investors.
8%
Avg. ROI
7%
Rental Yield
6.5%
Cap Rate
$450/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average ROI for properties in Concord, MI is approximately 8%, driven by strong rental yields and steady appreciation.
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