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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Honor, MI
$ 210,000
ROI
31.7
Cash Flow/m
696- 3 Bed
- 1 Bath
- 1000 sft
2018 South St, Honor, MI, 49640
$ 193,000
ROI
27.4Cash Flow/m
408- 2 Bed
- 1 Bath
- 1017 sft
10978 Platte St, Honor, MI, 49640
$ 205,000
ROI
24.6Cash Flow/m
279- 2 Bed
- 1 Bath
- 796 sft
10927 Cedar St, Honor, MI, 49640
$ 249,500
ROI
56.4Cash Flow/m
2544- 4 Bed
- 2 Bath
- 1260 sft
10858 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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