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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
Listed for sale 6 days ago
$ 275,000
ROI
22.3
Cash Flow/m
193- 3 Bed
- 2 Bath
- 1286 sft
1269 Rochester Rd, Leonard, MI, 48367
Fix & Flip
$ 350,000
ROI
20.5Cash Flow/m
75- 4 Bed
- 3 Bath
- 2500 sft
445 Mack Rd, Leonard, MI, 48367
$ 724,900
ROI
23.0Cash Flow/m
578- 3 Bed
- 3 Bath
- 3870 sft
1205 Yule Rd, Leonard, MI, 48367
$ 300,000
ROI
26.5Cash Flow/m
567- 4 Bed
- 2 Bath
- 1540 sft
1371 E Leonard Rd, 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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