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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Multi Family Investment Properties for Sale in Howell, MI
Currently Rented
Rental Income
$ 362,000
ROI
23.5
Cash Flow/m
373- 5 Bed
- 2 Bath
- 2095 sft
522 Fleming St, Howell, MI, 48843
Rental Income
$ 375,000
ROI
22.5Cash Flow/m
287- 6 Bed
- 2 Bath
- 1968 sft
2861 Spring Hill Dr, Howell, MI, 48843
$ 239,000
ROI
37.6Cash Flow/m
1184- 4 Bed
- 2 Bath
- - sft
1019/1021 S Michigan Ave, Howell, MI, 48843
Currently Rented
$ 249,000
ROI
35.9Cash Flow/m
1118- 4 Bed
- 4 Bath
- 1008 sft
1019/1021 N Michigan Ave, Howell, MI, 48843
Why Invest in Howell, Michigan?
Investing in multi-family properties in Howell, MI offers a compelling opportunity to tap into a stable rental market with strong fundamentals. With a cap rate averaging around 6% and rental yields near 8%, investors can expect solid returns. The city’s average ROI hovers near 7%, supported by a renter-occupied rate of approximately 35%. Appreciation rates are moderate, around 3%, reflecting steady economic growth. Multi-family investments here benefit from consistent cash flow and a growing local economy.
7%
Avg. ROI
8%
Rental Yield
6%
Cap Rate
$900/mo
Avg. Cash Flow
$1100/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average ROI for multi-family properties in Howell is approximately 7%, supported by consistent rental demand and moderate appreciation.
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