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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K 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 Honor, MI properties under $500k offers a unique opportunity for stable cash flow and promising appreciation. This market shows an average ROI of 8% with a strong rental yield near 7%, which is ideal for value-conscious investors. The area's moderate cap rate of 6.5% and average cash flow support long-term growth potential. With an average rent around $1,200, investors can capitalize on a well-balanced mix of tenant demand and affordability.
8%
Avg. ROI
7%
Rental Yield
6.5%
Cap Rate
$6500/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
The average rental yield for properties under $500k in Honor is approximately 7%, offering attractive returns for investors focused on cash flow.
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