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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High Rental Yield Investment Properties for Sale in Covert, MI
$ 179,900
ROI
24.7
Cash Flow/m
247- 4 Bed
- 2 Bath
- 1918 sft
75326 38th Ave, Covert, MI, 49043
$ 314,900
ROI
21.4Cash Flow/m
146- 3 Bed
- 2 Bath
- 1344 sft
68854 34th Ave, Covert, MI, 49043
$ 339,900
ROI
20.5Cash Flow/m
70- 5 Bed
- 3 Bath
- 3200 sft
29441 M 140 Hwy, Covert, MI, 49043
$ 589,000
ROI
26.8Cash Flow/m
1093- 4 Bed
- 4 Bath
- 3645 sft
77544 38th Ave, Covert, MI, 49043
Why Invest in Covert, Michigan?
Investing in Covert, MI provides promising opportunities for high rental yield properties. This area boasts an average ROI of 7% alongside a rental yield around 8%, making it attractive for income-focused investors. Cap rates remain strong at 6.5%, and average cash flow for rental properties is consistently positive. Average rent levels near $1,200 per month combined with steady appreciation of 3% annually create a balanced investment landscape for long-term growth.
7%
Avg. ROI
8%
Rental Yield
6.5%
Cap Rate
$350/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Covert, MI is approximately 8%, making it a favorable market for rental property investors seeking strong cash flow.
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