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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Jerome, MI
Listed for sale 5 days ago
$ 441,900
ROI
23.2
Cash Flow/m
422- 3 Bed
- 3 Bath
- 3032 sft
10800 N Waldron Rd, Jerome, MI, 49249
$ 224,900
ROI
25.4Cash Flow/m
354- 3 Bed
- 1 Bath
- 1878 sft
131 Eaglehurst Dr, Jerome, MI, 49249
$ 259,900
ROI
26.0Cash Flow/m
454- 2 Bed
- 2 Bath
- 1352 sft
11600 Baker Rd, Jerome, MI, 49249
$ 239,900
ROI
21.8Cash Flow/m
134- 3 Bed
- 2 Bath
- 1236 sft
9621 Lakeview Dr, 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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