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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Covert, MI
Fix & Flip
$ 180,000
ROI
24.4
Cash Flow/m
234- 2 Bed
- 1 Bath
- 935 sft
38050 78th St, Covert, MI, 49043
$ 199,900
ROI
24.4Cash Flow/m
256- 4 Bed
- 2 Bath
- 1469 sft
41491 70th St, Covert, MI, 49043
$ 399,900
ROI
21.2Cash Flow/m
164- 3 Bed
- 3 Bath
- 3334 sft
74721 30th Ave, Covert, MI, 49043
Fix & Flip
$ 155,000
ROI
23.4Cash Flow/m
156- 5 Bed
- 2 Bath
- 2460 sft
33259 Orchard 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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