High ROI Investment Properties for Sale in Jerome, MI
Fix & Flip
Motivated Seller
$ 162,000
ROI
23.8
Cash Flow/m
183- 5 Bed
- 2 Bath
- 2016 sft
10590 N Waldron Rd, Jerome, MI, 49249
$ 267,500
ROI
22.0Cash Flow/m
168- 3 Bed
- 2 Bath
- 1326 sft
11444 Hillary Dr, Jerome, MI, 49249
Airbnb Potential
$ 334,900
ROI
25.7Cash 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
Why Invest in Jerome, Michigan?
Investing in Jerome, MI offers strong potential for high ROI, especially when focusing on properties with high cash flow potential. This small city in Michigan is characterized by a solid average rental yield of 7% and a cap rate around 6%, indicating good returns for investors. The average rental rent sits near $950, while annual appreciation remains steady at approximately 3%. Renter occupancy rates are healthy, exceeding 60%, ensuring consistent demand for investment properties in the area.
8%
Avg. ROI
7%
Rental Yield
6%
Cap Rate
$8500/mo
Avg. Cash Flow
$950/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
High cash flow properties in Jerome typically yield an average ROI around 8%, supported by healthy rental yields and cap rates.
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