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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Single Family Investment Properties for Sale in Leonard, MI
Fix & Flip
$ 157,000
ROI
24.0
Cash Flow/m
184- 2 Bed
- 1 Bath
- 776 sft
1721 Moffat, Leonard, MI, 48367
$ 375,000
ROI
31.6Cash Flow/m
1241- 4 Bed
- 2 Bath
- 2730 sft
205 Gerst Rd, Leonard, MI, 48367
$ 749,990
ROI
26.5Cash Flow/m
1323- 4 Bed
- 5 Bath
- 4830 sft
190 Sequoia Ln, Leonard, MI, 48367
$ 950,000
ROI
29.0Cash Flow/m
2325- 5 Bed
- 5 Bath
- 7031 sft
906 Yule Rd, Leonard, MI, 48367
Why Invest in Leonard, Michigan?
Investing in single-family homes in Leonard, MI offers stable rental yields and consistent appreciation. The area features an average ROI of approximately 7%, with rental yields around 6% making it appealing for income-focused investors. Single-family properties in Leonard tend to have a cap rate near 5%, supporting steady cash flow. Demand remains strong with about 65% renter occupancy, reflecting a balanced market advantageous for buy-and-hold strategies.
7%
Avg. ROI
6%
Rental Yield
5%
Cap Rate
$450/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average ROI for single-family homes in Leonard is around 7%, reflecting a balanced market with good rental yields.
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