Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Herron, MI
$ 209,900
ROI
20.2
Cash Flow/m
26- 4 Bed
- 3 Bath
- 1899 sft
3442 S Herron Rd, Herron, MI, 49744
$ 129,000
ROI
38.2Cash Flow/m
661- - Bed
- - Bath
- - sft
10466 Goodrich Rd, Herron, MI, 49744
$ 174,900
ROI
32.1Cash Flow/m
601- - Bed
- - Bath
- - sft
0VL Nappers Rd, Herron, MI, 49744
$ 320,000
ROI
20.4Cash Flow/m
61- 3 Bed
- 2 Bath
- 1296 sft
4344 Besaw Rd, Herron, MI, 49744
Why Invest in Herron, Michigan?
Investing in Herron, MI offers a unique opportunity to tap into a growing market with a steady rental yield around 6%. The area benefits from an average ROI of 8% and a cap rate of 5.5%, making residential properties particularly attractive. Herron has an average rent of $1,200, with a cash flow of $250 monthly, supported by a renter-occupied rate near 45%. Appreciation trends remain positive, reflecting the city’s long-term growth potential.
8%
Avg. ROI
6%
Rental Yield
5.5%
Cap Rate
$250/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3.2%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Herron, MI is around 6%, making it an appealing market for rental property investors.
Find Your Perfect Investment Property in Herron, Michigan
Explore investment opportunities by strategy, performance, or property type
