Investment Properties for Sale in Covert, MI
$ 165,000
ROI
24.2
Cash Flow/m
205- 3 Bed
- 2 Bath
- 1762 sft
74231 County Road 376, Covert, MI, 49043
Airbnb Potential
Motivated Seller
$ 359,000
ROI
22.3Cash Flow/m
253- 5 Bed
- 2 Bath
- 1911 sft
70448 County Road 378, Covert, MI, 49043
$ 259,000
ROI
21.1Cash Flow/m
96- 3 Bed
- 1 Bath
- 1050 sft
35716 M 140 Hwy, Covert, MI, 49043
$ 268,000
ROI
23.1Cash Flow/m
249- 3 Bed
- 1 Bath
- 1662 sft
28598 68th St, Covert, MI, 49043
Why Invest in Covert, Michigan?
Investing in Covert, MI offers unique opportunities for real estate, especially under specialized filters. The area boasts an average ROI of 7.8% and a rental yield around 6.5%, making it attractive for rental properties. The cap rate at 5.9% and average cash flow of $450 per unit highlight steady income potential. With an average rent of $850 and appreciation at 3%, Covert stands as a stable market. The renter-occupied rate of 48% shows balanced housing demand.
7.8%
Avg. ROI
6.5%
Rental Yield
5.9%
Cap Rate
$450/mo
Avg. Cash Flow
$850/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Covert is approximately 6.5%, reflecting healthy returns for rental property investors.
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