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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High ROI 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 real estate with a focus on high ROI properties offers promising returns driven by a solid average ROI of 8.2% and a rental yield of 6.5%. The cap rate stands competitively at 7.1%, indicating efficient income relative to property value. Investors benefit from an average monthly cash flow of $420, complemented by steady appreciation rates near 3.5% annually. Herron's rental occupancy remains strong at 89%, supporting consistent income streams for investors targeting high ROI assets.
8.2%
Avg. ROI
6.5%
Rental Yield
7.1%
Cap Rate
$420/mo
Avg. Cash Flow
$1050/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
The average ROI in Herron for high-return properties is approximately 8.2%, reflecting a healthy rental market and steady appreciation.
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