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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 1 day ago
$ 228,000
ROI
22.6
Cash Flow/m
180- 2 Bed
- 2 Bath
- 2024 sft
68260 Rosewood Ln, Richmond, MI, 48062
Listed for sale 2 days ago
$ 225,000
ROI
20.4Cash Flow/m
41- 5 Bed
- 4 Bath
- 2088 sft
70550 Main St, Richmond, MI, 48062
$ 220,000
ROI
26.0Cash Flow/m
385- 3 Bed
- 1 Bath
- 999 sft
36261 Chaskey St, Richmond, MI, 48062
$ 535,000
ROI
23.3Cash Flow/m
477- 4 Bed
- 4 Bath
- 4132 sft
68135 Lake Angela Dr, 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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