Investment Properties for Sale in Goodrich, MI
Listed for sale 4 days ago
$ 385,000
ROI
29.3
Cash Flow/m
1019- 4 Bed
- 4 Bath
- 2600 sft
8022 Fox Hollow Rd, Goodrich, MI, 48438
Listed for sale 7 days ago
$ 255,000
ROI
23.3Cash Flow/m
251- 3 Bed
- 3 Bath
- 2284 sft
7311 Hawthorne Cir, Goodrich, MI, 48438
$ 399,900
ROI
26.4Cash Flow/m
740- 3 Bed
- 2 Bath
- 1322 sft
4585 Shifman Rd, Goodrich, MI, 48438
$ 525,000
ROI
22.1Cash Flow/m
297- 4 Bed
- 3 Bath
- 4830 sft
11095 Hill Rd, Goodrich, MI, 48438
Why Invest in Goodrich, Michigan?
Investing in Goodrich, MI real estate offers a stable opportunity with moderate appreciation and solid rental yields. The area features an average rental yield of 7.5%, with cap rates around 6.2%, making it attractive for cash flow investors. Goodrich's average ROI sits at a healthy 8.3%, supported by growing renter occupancy at 44%. Investors targeting properties in this market benefit from affordable entry prices and a steady rental market driven by local employment.
8.3%
Avg. ROI
7.5%
Rental Yield
6.2%
Cap Rate
$350/mo
Avg. Cash Flow
$950/mo
Avg. Rent
3.2%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Goodrich, MI is approximately 7.5%, offering investors strong potential for cash flow.
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