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 186 Hills Cir, Leroy, MI
Listed for sale 6 days ago
$ 117,900
ROI
23.8ROI percentage
Cash Flow/m
Dollar sign133
  • 3 Bed
  • 1 Bath
  • 1152 sft
186 Hills Cir, Leroy, MI, 49655
Property at 209 Underwood Ave, Leroy, MI
$ 149,900
ROI
23.9ROI percentage
Cash Flow/m
Dollar sign173
  • 3 Bed
  • 2 Bath
  • 1784 sft
209 Underwood Ave, Leroy, MI, 49655
Property at 124 Horseshoe Dr, Leroy, MI
Rental Income
$ 350,000
ROI
25.5ROI percentage
Cash Flow/m
Dollar sign559
  • 8 Bed
  • 3 Bath
  • 3040 sft
124 Horseshoe Dr, Leroy, MI, 49655
Property at 16186 N 200th Ave, Leroy, MI
Rental Income
$ 484,900
ROI
24.5ROI percentage
Cash Flow/m
Dollar sign640
  • 4 Bed
  • 4 Bath
  • 3737 sft
16186 N 200th Ave, 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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