Single Family Investment Properties in Leroy, MI | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Single Family Investment Properties for Sale in Leroy, MI

Property at 16658 140th Ave, Leroy, MI
Listed for sale 7 days ago
$ 129,900
ROI
24.3ROI percentage
Cash Flow/m
Dollar sign162
  • 2 Bed
  • 1 Bath
  • 1180 sft
16658 140th Ave, Leroy, MI, 49655
Property at 16404 Twelve Mile Rd, Leroy, MI
$ 200,000
ROI
23.5ROI percentage
Cash Flow/m
Dollar sign211
  • 3 Bed
  • 1 Bath
  • 1200 sft
16404 Twelve Mile Rd, Leroy, MI, 49655
Property at 200 W Main St, Leroy, MI
$ 169,900
ROI
29.0ROI percentage
Cash Flow/m
Dollar sign436
  • 3 Bed
  • 2 Bath
  • 1200 sft
200 W Main St, Leroy, MI, 49655
Property at 4179 N Lakola Rd, Leroy, MI
$ 149,000
ROI
24.2ROI percentage
Cash Flow/m
Dollar sign184
  • 1 Bed
  • 1 Bath
  • 550 sft
4179 N Lakola Rd, Leroy, MI, 49655

Why Invest in Leroy, Michigan?

Investing in single-family homes in LeRoy, MI offers a promising opportunity due to steady rental demand and a moderate cap rate. The rental yield in LeRoy remains attractive, making it suitable for investors seeking consistent cash flow. Average ROI aligns with Michigan's state-wide growth trends, supported by an appreciating housing market. Renter occupancy rates are healthy, reflecting a stable tenant base. With moderate appreciation and average rents, this market balances risk and reward effectively.

6.5%
Avg. ROI
7.2%
Rental Yield
5.9%
Cap Rate
$350/mo
Avg. Cash Flow
$950/mo
Avg. Rent
3.1%
1Y Appreciation

Frequently Asked Questions

Investors can expect an average ROI around 6.5% based on current market data, supported by steady rental yields and property appreciation.

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