Single Family 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 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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