Single Family Investment Properties for Sale in Honor, MI
Listed for sale 4 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 4 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 single-family homes in Honor, MI offers a unique opportunity for steady rental income and long-term appreciation. This market features an average ROI of 7%, with rental yields around 6%, reflecting a strong demand among renters making up about 58% of households. Cap rates at 5.5% indicate healthy profitability, complemented by an average monthly rent of $1,100. With appreciation rates near 3%, this area presents a balanced investment in Michigan's real estate landscape.
7%
Avg. ROI
6%
Rental Yield
5.5%
Cap Rate
$350/mo
Avg. Cash Flow
$1100/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield for single-family homes in Honor, MI is around 6%, reflecting solid rental demand in the area.
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