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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Single Family Investment Properties for Sale in Gobles, MI
Listed for sale 3 days ago
$ 325,000
ROI
21.9
Cash Flow/m
191- 4 Bed
- 2 Bath
- 1846 sft
34792 Mill Lake Rd, Gobles, MI, 49055
Listed for sale 6 days ago
$ 319,900
ROI
24.8Cash Flow/m
450- 5 Bed
- 2 Bath
- 3900 sft
12090 M 40, Gobles, MI, 49055
$ 239,900
ROI
25.2Cash Flow/m
362- 3 Bed
- 1 Bath
- 1376 sft
12223 31st St, Gobles, MI, 49055
$ 289,900
ROI
20.2Cash Flow/m
32- 4 Bed
- 2 Bath
- 1751 sft
25373 29th St, Gobles, MI, 49055
Why Invest in Gobles, Michigan?
Investing in single-family homes in Gobles, MI offers a unique opportunity to tap into a growing rental market with solid rental yields. This small city demonstrates a stable average ROI of 7.2%, a rental yield of 6.5%, and a cap rate around 6.8%, making it attractive for investors seeking consistent cash flow. The average monthly rent is approximately $950 with an appreciation rate of 3.5% annually. Renter occupancy remains strong at 84%, reflecting steady tenant demand in the area.
7.2%
Avg. ROI
6.5%
Rental Yield
6.8%
Cap Rate
$400/mo
Avg. Cash Flow
$950/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
The average rental yield for single-family homes in Gobles is about 6.5%, making it a competitive market for investors seeking rental income.
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