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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Single Family 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 single-family homes in Goodells, MI offers a stable opportunity for steady cash flow and appreciation. The area benefits from a rental yield of approximately 6%, with an average ROI near 8%. Cap rates remain attractive around 7%, supported by a renter-occupied rate of 45%, reflecting a balanced rental market. Average rents are affordable, at roughly $900 per month, making it appealing for tenants and investors alike.
8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$250/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average ROI for single-family homes in Goodells is about 8%, making it a viable option for steady investment returns.
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