Investment Properties for Sale in Homer, MI | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Investment Properties for Sale in Homer, MI

Property at 305 E Main St, Homer, MI
Listed for sale 2 days ago
$ 205,000
ROI
20.1ROI percentage
Cash Flow/m
Dollar sign20
  • 3 Bed
  • 3 Bath
  • 1824 sft
305 E Main St, Homer, MI, 49245
Property at 410 Lake St, Homer, MI
Listed for sale 6 days ago
$ 220,000
ROI
25.9ROI percentage
Cash Flow/m
Dollar sign376
  • 3 Bed
  • 2 Bath
  • 1628 sft
410 Lake St, Homer, MI, 49245
Property at 500 23 Mile Rd, Homer, MI
$ 229,000
ROI
24.1ROI percentage
Cash Flow/m
Dollar sign279
  • 4 Bed
  • 1 Bath
  • 1663 sft
500 23 Mile Rd, Homer, MI, 49245
Property at 3963 22 Mile Rd, Homer, MI
Currently Rented
$ 334,900
ROI
21.3ROI percentage
Cash Flow/m
Dollar sign147
  • 3 Bed
  • 2 Bath
  • 1620 sft
3963 22 Mile Rd, Homer, MI, 49245

Why Invest in Homer, Michigan?

Investing in residential real estate in Homer, MI, offers strong opportunities with an average ROI near 7%. Rental properties here achieve solid rental yields around 8%, with cap rates near 6%. The area's affordable housing and growing renter population, currently at about 45%, support consistent cash flow averaging $600 monthly. Appreciation in property values has remained steady at approximately 3% annually, making Homer an attractive market for investors seeking stable growth.

7%
Avg. ROI
8%
Rental Yield
6%
Cap Rate
$600/mo
Avg. Cash Flow
$850/mo
Avg. Rent
3%
1Y Appreciation

Frequently Asked Questions

The average rental yield in Homer, MI, is approximately 8%, making it a viable market for rental property investors.

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