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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High Rental Yield Investment Properties for Sale in Leonard, MI
$ 509,900
ROI
21.3
Cash Flow/m
175- 4 Bed
- 3 Bath
- 2093 sft
1958 Deer Run Ln, Leonard, MI, 48367
$ 650,000
ROI
21.0Cash Flow/m
167- 3 Bed
- 3 Bath
- 2543 sft
4912 Rosy Dr, Leonard, MI, 48367
$ 350,000
ROI
20.3Cash Flow/m
52- 4 Bed
- 2 Bath
- 2730 sft
205 Gerst Rd, Leonard, MI, 48367
$ 249,900
ROI
30.6Cash Flow/m
757- 3 Bed
- 1 Bath
- 1986 sft
99 E Elmwood Ave, Leonard, MI, 48367
Why Invest in Leonard, Michigan?
Investing in high rental yield properties in Leonard, MI offers attractive opportunities for real estate investors seeking stable cash flow and strong capitalization rates. Leonard's solid rental demand supports an average rental yield of 9.2%, with typical cap rates around 7.5%. Average gross rent hovers near $1,100 monthly, supporting an average ROI of 8.3%. The area's positive appreciation trend of 3% annually underscores a promising market for long-term investment.
8.3%
Avg. ROI
9.2%
Rental Yield
7.5%
Cap Rate
$350/mo
Avg. Cash Flow
$1100/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield for properties in Leonard is approximately 9.2%, offering solid returns for investors seeking high cash flow.
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