Single Family Investment Properties for Sale in Ovid, MI
Listed for sale 5 days ago
$ 239,900
ROI
22.8
Cash Flow/m
204- 3 Bed
- 1 Bath
- 960 sft
9954 Middleton Rd, Ovid, MI, 48866
$ 196,500
ROI
30.6Cash Flow/m
592- 4 Bed
- 1 Bath
- 1700 sft
218 W High St, OVID, MI, 48866
Listed for sale 7 days ago
$ 142,000
ROI
24.0Cash Flow/m
167- 3 Bed
- 1 Bath
- 1040 sft
3620 S Meridian Rd, Ovid, MI, 48866
$ 145,000
ROI
23.9Cash Flow/m
169- 2 Bed
- 1 Bath
- 1437 sft
217 E Clinton St, OVID, MI, 48866
Why Invest in Ovid, Michigan?
Investing in single-family homes in Ovid, MI offers a steady opportunity amid a stable rental market. With an average ROI of 7.2%, investors can expect competitive cash flow and appreciation rates around 3.5%. Rental yields sit near 6.8%, supported by a renter-occupied rate of 35%. This market benefits from steady employment growth and affordable housing stock, providing potential for long-term equity gains.
7.2%
Avg. ROI
6.8%
Rental Yield
6%
Cap Rate
$850/mo
Avg. Cash Flow
$950/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
The average ROI for single-family homes in Ovid is approximately 7.2%, reflecting a solid return for investors in this market.
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