Under $500K 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 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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