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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
$ 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 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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