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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Single Family Investment Properties for Sale in Honor, MI
$ 550,000
ROI
25.5
Cash 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
Rental Income
$ 199,900
ROI
23.0Cash Flow/m
181- 2 Bed
- 1 Bath
- 800 sft
8604 Deadstream Rd, 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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