Single Family Investment Properties for Sale in Leroy, MI
Listed for sale 3 days ago
$ 184,900
ROI
23.4
Cash Flow/m
185- 5 Bed
- 2 Bath
- 2180 sft
14864 Mackinaw Trl, Leroy, MI, 49655
$ 184,500
ROI
30.1Cash Flow/m
529- 3 Bed
- 2 Bath
- 1500 sft
128 W Ridge Cir, Leroy, MI, 49655
$ 184,900
ROI
30.9Cash Flow/m
571- 3 Bed
- 2 Bath
- 1300 sft
124 Osceola Ledge, Leroy, MI, 49655
$ 117,900
ROI
23.8Cash Flow/m
133- 3 Bed
- 1 Bath
- 1152 sft
186 Hills Cir, 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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