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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Honor, MI
Listed for sale 1 day ago
$ 199,900
ROI
23.8
Cash Flow/m
223- 1 Bed
- 2 Bath
- 1020 sft
2036 South St, Honor, MI, 49640
$ 550,000
ROI
25.5Cash Flow/m
820- 4 Bed
- 3 Bath
- 2388 sft
11140 Main St, Honor, MI, 49640
$ 297,500
ROI
29.1Cash Flow/m
778- 2 Bed
- 1 Bath
- 768 sft
4483 Hickory Ave, Honor, MI, 49640
$ 325,000
ROI
27.8Cash Flow/m
730- 3 Bed
- 3 Bath
- 1980 sft
3865 Blueberry Ln, Honor, MI, 49640
Why Invest in Honor, Michigan?
Investing in Michigan real estate offers a unique opportunity to tap into the state's steady economic growth and affordable housing market. With an average ROI of 7%, investors benefit from solid rental yields around 8%. Michigan's cap rates average 6.5%, providing healthy cash flow and consistent appreciation. The renter-occupied rate remains strong at 60%, reflecting steady rental demand across the state. These metrics make Michigan an appealing option for diversified real estate portfolios.
7%
Avg. ROI
8%
Rental Yield
6.5%
Cap Rate
$1200/mo
Avg. Cash Flow
$950/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average ROI in Michigan real estate is around 7%, making it a moderately profitable market for investors.
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