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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Goodrich, MI
$ 349,900
ROI
21.5
Cash Flow/m
174- 4 Bed
- 3 Bath
- 1709 sft
10465 Valley Dr, Goodrich, MI, 48438
$ 509,900
ROI
21.6Cash Flow/m
211- 4 Bed
- 4 Bath
- 3538 sft
10215 Mill Pointe Dr, Goodrich, MI, 48438
$ 399,900
ROI
29.7Cash Flow/m
1103- 3 Bed
- 2 Bath
- 1408 sft
8311 Meadow Creek Dr, Goodrich, MI, 48438
$ 525,000
ROI
29.0Cash Flow/m
1293- 3 Bed
- 3 Bath
- 2589 sft
10201 Washburn 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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