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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High Rental Yield 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?
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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