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 11932 E Three Mile Rd, Leroy, MI
$ 279,000
ROI
19.9ROI percentage
Cash Flow/m
Dollar sign9
  • 2 Bed
  • 1 Bath
  • 1200 sft
11932 E Three Mile Rd, Leroy, MI, 49655
Property at 11387 210th Ave, Leroy, MI
$ 169,900
ROI
26.9ROI percentage
Cash Flow/m
Dollar sign336
  • 3 Bed
  • 2 Bath
  • 1104 sft
11387 210th Ave, Leroy, MI, 49655
Property at 323 Eastland Dr, Leroy, MI
$ 195,000
ROI
24.9ROI percentage
Cash Flow/m
Dollar sign279
  • 3 Bed
  • 2 Bath
  • 1000 sft
323 Eastland 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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