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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
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
21.6
Cash Flow/m
211- 4 Bed
- 4 Bath
- 3538 sft
10215 Mill Pointe Dr, Goodrich, MI, 48438

$ 399,900
ROI
29.7
Cash Flow/m
1103- 3 Bed
- 2 Bath
- 1408 sft
8311 Meadow Creek Dr, Goodrich, MI, 48438

$ 525,000
ROI
29.0
Cash Flow/m
1293- 3 Bed
- 3 Bath
- 2589 sft
10201 Washburn Rd, Goodrich, MI, 48438
Why Invest in Goodrich, Michigan?
Investing in single-family homes in Goodrich, MI offers a solid opportunity with attractive rental yields and steady appreciation. The local market benefits from a cap rate of around 7%, making it appealing for investors seeking stable cash flow. Rental demand remains strong, driven by a renter-occupied rate of 55%, while average monthly rents provide a consistent income stream. Average ROI and cash flow metrics indicate a balanced investment environment amidst a growing Michigan suburb.
8%
Avg. ROI
6.5%
Rental Yield
7%
Cap Rate
$400/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
Investors in Goodrich typically see an average ROI of around 8% with rental yields near 6.5%, supported by a solid rental market and steady appreciation.
Find Your Perfect Investment Property in Goodrich, Michigan
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