High Rental Yield 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?
Goodrich, MI offers attractive opportunities for investors targeting high rental yield properties. This market boasts a solid average ROI of 8.2%, supported by a rental yield of 7.5%, and stable cap rates near 6%. Investors can expect consistent average cash flow around $250 per month, with average rents at approximately $1,300. The city's renter-occupied rate is healthy at 45%, reflecting steady tenant demand and positive property appreciation trends.
8.2%
Avg. ROI
7.5%
Rental Yield
6%
Cap Rate
$250/mo
Avg. Cash Flow
$1300/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Goodrich for high rental yield properties is approximately 7.5%, making it a competitive market for rental income investors.
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