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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Goodrich, MI
Listed for sale 4 days ago
$ 389,900
ROI
26.5
Cash Flow/m
730- 3 Bed
- 3 Bath
- 2532 sft
11193 Linda Kay, Goodrich, MI, 48438
Listed for sale 4 days ago
$ 259,000
ROI
31.3Cash Flow/m
832- 3 Bed
- 1 Bath
- 1400 sft
12384 Hill Rd, Goodrich, MI, 48438
$ 219,900
ROI
20.1Cash Flow/m
21- 3 Bed
- 1 Bath
- 1144 sft
10343 Coolidge Rd, Goodrich, MI, 48438
$ 449,900
ROI
21.6Cash Flow/m
225- 5 Bed
- 4 Bath
- 3861 sft
10219 Mill Pointe Dr, 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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