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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
$ 280,000
ROI
27.6
Cash Flow/m
612- 3 Bed
- 3 Bath
- 1540 sft
70350 N Main St, Richmond, MI, 48062
$ 325,000
ROI
23.6Cash Flow/m
349- 4 Bed
- 2 Bath
- 2880 sft
70415 Canterbury Dr, Richmond, MI, 48062
$ 359,900
ROI
21.3Cash Flow/m
157- 3 Bed
- 3 Bath
- 2735 sft
70151 Crystal Dr, Richmond, MI, 48062
$ 164,000
ROI
27.6Cash Flow/m
357- 2 Bed
- 2 Bath
- 1035 sft
36796 Lakeview Ln, 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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