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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
$ 410,000
ROI
24.5
Cash Flow/m
536- 3 Bed
- 2 Bath
- 2925 sft
33133 32 Mile Rd, Richmond, MI, 48062
Listed for sale 7 days ago
$ 279,900
ROI
20.3Cash Flow/m
42- 3 Bed
- 2 Bath
- 3200 sft
71040 Omo Rd, Richmond, MI, 48062
$ 275,000
ROI
22.4Cash Flow/m
203- 2 Bed
- 3 Bath
- 2550 sft
34958 Meadowlark Ln, Richmond, MI, 48062
$ 261,000
ROI
25.8Cash Flow/m
437- 2 Bed
- 4 Bath
- 2411 sft
34973 Quail Trl, 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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