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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High ROI Investment Properties for Sale in Richmond, MI
Listed for sale 5 days ago
$ 250,000
ROI
31.8
Cash Flow/m
839- 4 Bed
- 2 Bath
- 2840 sft
28780 School Section Rd, Richmond, MI, 48062
Listed for sale 6 days ago
$ 160,000
ROI
20.8Cash Flow/m
45- 2 Bed
- 1 Bath
- 1035 sft
68457 Rosewood Ln, Richmond, MI, 48062
$ 259,900
ROI
20.2Cash Flow/m
33- 3 Bed
- 2 Bath
- 1428 sft
35930 Washington St, Richmond, MI, 48062
Motivated Seller
$ 199,950
ROI
24.9Cash Flow/m
287- 3 Bed
- 2 Bath
- 2292 sft
34429 33 Mile Rd, Richmond, MI, 48062
Why Invest in Richmond, Michigan?
Investing in Richmond, MI offers strong opportunities for those seeking high ROI properties. This city has an average ROI of 9.2%, enhanced by a rental yield of 7.8% for high cash flow properties. The cap rate sits around 6.5%, reflecting steady appreciation and rental demand. Average monthly rent is $1,200, supporting positive cash flow dynamics. With a renter-occupied rate over 60%, Richmond presents favorable market conditions for real estate investors.
9.2%
Avg. ROI
7.8%
Rental Yield
6.5%
Cap Rate
$350/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
The average rental yield for high ROI properties in Richmond is approximately 7.8%, offering attractive income potential for investors.
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