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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Jerome, MI
Airbnb Potential
Listed for sale 7 days ago
$ 334,900
ROI
25.7
Cash Flow/m
550- 4 Bed
- 3 Bath
- 2964 sft
11971 Bradley Dr, Jerome, MI, 49249
$ 279,900
ROI
24.5Cash Flow/m
370- 3 Bed
- 3 Bath
- 1764 sft
11947 Bunday Dr, Jerome, MI, 49249
$ 300,000
ROI
22.8Cash Flow/m
257- 3 Bed
- 2 Bath
- 2100 sft
11230 Baker Rd, Jerome, MI, 49249
$ 189,900
ROI
24.3Cash Flow/m
242- 3 Bed
- 1 Bath
- 1270 sft
9620 Moreland Rd, Jerome, MI, 49249
Why Invest in Jerome, Michigan?
Investing in real estate in Jerome, MI offers promising returns with an average ROI of 7.3%. With a solid rental yield of 6.1%, properties attract a strong renter base. The local market enjoys a cap rate around 5.2%, complemented by an average cash flow of $145 per month. Average rents hover around $900, showing steady appreciation of 3.5% annually. This stable renter-occupied market encourages long-term investment growth in Jerome.
7.3%
Avg. ROI
6.1%
Rental Yield
5.2%
Cap Rate
$145/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
Single-family homes and small multifamily properties tend to offer strong rental yields and steady appreciation in Jerome. Investors should consider properties near employment hubs and educational institutions for consistent demand.
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