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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Hanover, MI
$ 214,900
ROI
26.0
Cash Flow/m
373- 3 Bed
- 2 Bath
- 1008 sft
11969 Strait Rd, Hanover, MI, 49241
$ 314,900
ROI
20.3Cash Flow/m
47- 3 Bed
- 2 Bath
- 1502 sft
139 Avery Rd, Hanover, MI, 49241
$ 280,000
ROI
20.4Cash Flow/m
47- 3 Bed
- 2 Bath
- 1322 sft
10980 Pulaski Rd, Hanover, MI, 49241
$ 186,000
ROI
27.3Cash Flow/m
392- 3 Bed
- 1 Bath
- 1076 sft
443 S Jackson St, Hanover, MI, 49241
Why Invest in Hanover, Michigan?
Investing in Hanover, MI offers opportunities for steady rental income and capital appreciation in a growing Michigan community. The average rental yield here supports consistent cash flow, while the cap rate remains attractive compared to other state markets. Hanover's average rent levels and renter-occupied rates underscore a healthy tenant base. This area benefits from moderate appreciation, making it appealing for both short-term and long-term real estate investors.
6.2%
Avg. ROI
7.5%
Rental Yield
6.8%
Cap Rate
$450/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Hanover is approximately 7.5%, reflecting a healthy return on investment supported by local rental demand.
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