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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
Rental Income
Listed for sale 5 days ago
$ 484,900
ROI
24.5
Cash Flow/m
640- 4 Bed
- 4 Bath
- 3737 sft
16186 N 200th Ave, Leroy, MI, 49655
Listed for sale 6 days ago
$ 265,000
ROI
27.5Cash Flow/m
573- 3 Bed
- 2 Bath
- 1744 sft
21630 Thirteen Mile Rd, Leroy, MI, 49655
Fix & Flip
$ 249,900
ROI
25.7Cash Flow/m
414- 2 Bed
- 2 Bath
- 1125 sft
229 Forest Trl, Leroy, MI, 49655
$ 166,900
ROI
24.7Cash Flow/m
230- 3 Bed
- 1 Bath
- 1148 sft
14328 Sixteen Mile 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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