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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
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 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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