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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Goodrich, MI
$ 299,900
ROI
25.5
Cash Flow/m
479- 4 Bed
- 2 Bath
- 2130 sft
10490 Green Rd, Goodrich, MI, 48438
$ 499,900
ROI
24.0Cash Flow/m
583- 4 Bed
- 3 Bath
- 2824 sft
10392 Valley Creek Dr, Goodrich, MI, 48438
$ 285,000
ROI
29.2Cash Flow/m
749- 4 Bed
- 3 Bath
- 1672 sft
9390 Gale Rd, Goodrich, MI, 48438
$ 297,000
ROI
26.3Cash Flow/m
537- 5 Bed
- 2 Bath
- 3167 sft
10325 Dar Ln, 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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