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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Single Family Investment Properties for Sale in Concord, MI
Listed for sale 4 days ago
$ 249,900
ROI
22.2
Cash Flow/m
170- 2 Bed
- 2 Bath
- 1398 sft
246 Village Ln, Concord, MI, 49237
Fix & Flip
$ 400,000
ROI
24.5Cash Flow/m
523- 3 Bed
- 3 Bath
- 2388 sft
5232 Parsons Rd, Concord, MI, 49237
$ 168,000
ROI
23.5Cash Flow/m
174- 3 Bed
- 1 Bath
- 1495 sft
315 E Center St, Concord, MI, 49237
$ 360,000
ROI
27.5Cash Flow/m
778- 4 Bed
- 2 Bath
- 2540 sft
11633 King Rd, Concord, MI, 49237
Why Invest in Concord, Michigan?
Investing in single-family homes in Concord, MI offers a solid opportunity with stable returns and moderate appreciation. This market segment features an average ROI of 7.5% and a cap rate around 6%, driven by healthy rental demand and average rent of $900 per month. Rental yield remains attractive at 7%, supporting steady cash flow for investors. Additionally, Concord's renter-occupied rate near 38% suggests consistent tenant availability.
7.5%
Avg. ROI
7%
Rental Yield
6%
Cap Rate
$500/mo
Avg. Cash Flow
$900/mo
Avg. Rent
2%
1Y Appreciation
Frequently Asked Questions
The average rental yield for single-family homes in Concord, MI is around 7%, making it a viable option for investors seeking stable income.
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