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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Single Family Investment Properties for Sale in Ovid, MI
Listed for sale 6 days ago
$ 375,000
ROI
23.6
Cash Flow/m
402- 5 Bed
- 3 Bath
- 2288 sft
1987 N Warren Rd, Ovid, MI, 48866
$ 130,000
ROI
23.6Cash Flow/m
138- 2 Bed
- 1 Bath
- 884 sft
332 Fitch St, OVID, MI, 48866
$ 269,900
ROI
30.2Cash Flow/m
781- 3 Bed
- 2 Bath
- 1890 sft
841 N Warren Rd, Ovid, MI, 48866
$ 152,900
ROI
24.4Cash Flow/m
196- 3 Bed
- 1 Bath
- 1245 sft
123 W Williams 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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