Investment Properties for Sale in Ovid, MI

Property at 9954 Middleton Rd, Ovid, MI
Listed for sale 3 days ago
$ 239,900
ROI
22.8ROI percentage
Cash Flow/m
Dollar sign204
  • 3 Bed
  • 1 Bath
  • 960 sft
9954 Middleton Rd, Ovid, MI, 48866
Property at 218 W High St, OVID, MI
$ 196,500
ROI
30.6ROI percentage
Cash Flow/m
Dollar sign592
  • 4 Bed
  • 1 Bath
  • 1700 sft
218 W High St, OVID, MI, 48866
Property at 3620 S Meridian Rd, Ovid, MI
Listed for sale 5 days ago
$ 142,000
ROI
24.0ROI percentage
Cash Flow/m
Dollar sign167
  • 3 Bed
  • 1 Bath
  • 1040 sft
3620 S Meridian Rd, Ovid, MI, 48866
Property at 217 E Clinton St, OVID, MI
$ 145,000
ROI
23.9ROI percentage
Cash Flow/m
Dollar sign169
  • 2 Bed
  • 1 Bath
  • 1437 sft
217 E Clinton St, OVID, MI, 48866

Why Invest in Ovid, Michigan?

Investing in Ovid, MI offers a unique opportunity with its stable rental market and moderate property appreciation. This city benefits from a balanced renter-occupied rate and attractive cap rates supporting positive cash flow. If targeting specific filters like condos or multifamily units, the area's average rental yield and average ROI make it an appealing choice for investors seeking steady returns. Economic growth trends combined with affordable average rents strengthen the investment potential here.

7%
Avg. ROI
6%
Rental Yield
5%
Cap Rate
$500/mo
Avg. Cash Flow
$850/mo
Avg. Rent
3%
1Y Appreciation

Frequently Asked Questions

Yes, Ovid offers stable rental yields and moderate property appreciation, which can be attractive for first-time investors seeking manageable risk and steady cash flow.

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