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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High Rental Yield Investment Properties for Sale in Goodells, MI
Fix & Flip
$ 255,000
ROI
20.8
Cash Flow/m
71- 4 Bed
- 3 Bath
- 2400 sft
8237 Lambs Rd, Goodells, MI, 48027
$ 329,000
ROI
21.5Cash Flow/m
162- 3 Bed
- 2 Bath
- 1850 sft
9202 Lambs Rd, Goodells, MI, 48027
$ 224,200
ROI
35.5Cash Flow/m
983- 3 Bed
- 2 Bath
- 1817 sft
7685 Card Rd, Goodells, MI, 48027
$ 125,000
ROI
23.8Cash Flow/m
139- 3 Bed
- 2 Bath
- 1523 sft
8542 Morris Rd, Goodells, MI, 48027
Why Invest in Goodells, Michigan?
Investing in rental properties with high rental yield in Goodells, MI offers a promising opportunity for real estate investors. The area features an average rental yield of 8.2%, a cap rate of 6.5%, and an average ROI of 7%. Average monthly rents stand at $1,200, supporting solid cash flow for investors. The renter-occupied rate is 48%, indicating a healthy demand for rental housing. With steady property appreciation around 2.5%, Goodells represents a balanced investment environment.
7%
Avg. ROI
8.2%
Rental Yield
6.5%
Cap Rate
$150/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
2.5%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Goodells, MI is approximately 8.2%, making it an attractive market for rental property investors.
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