Investment Properties for Sale in Honor, MI
Listed for sale 3 days ago
$ 289,000
ROI
20.7
Cash Flow/m
78- 3 Bed
- 1 Bath
- 1303 sft
10390 Deadstream Rd, Honor, MI, 49640
Listed for sale 3 days ago
$ 225,000
ROI
20.3Cash Flow/m
33- 2 Bed
- 1 Bath
- 864 sft
8702 Deadstream Rd, Honor, MI, 49640
$ 499,000
ROI
25.7Cash Flow/m
822- 4 Bed
- 3 Bath
- 2267 sft
11140 Main St, Honor, MI, 49640
$ 289,999
ROI
26.9Cash Flow/m
573- 4 Bed
- 2 Bath
- 1547 sft
11242 Main St, 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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