Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Single Family Investment Properties for Sale in Richmond, MI
Listed for sale 2 days ago
$ 225,000
ROI
20.4
Cash 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
$ 199,900
ROI
31.5Cash Flow/m
651- 2 Bed
- 1 Bath
- 764 sft
68955 Howard St, Richmond, MI, 48062
Why Invest in Richmond, Michigan?
Investing in single-family homes in Richmond, MI offers a unique opportunity for steady cash flow and reasonable appreciation. The local market sees an average ROI of 7%, with rental yields around 8%, making it attractive for investors seeking reliable rental income. Capitalization rates hover near 6%, while average cash flow remains stable due to strong renter occupancy of approximately 70%. Richmond's affordable housing market combined with moderate appreciation rates around 3% supports sustainable long-term investment growth.
7%
Avg. ROI
8%
Rental Yield
6%
Cap Rate
$850/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield for single-family homes in Richmond is about 8%, providing a solid income stream for investors.
Find Your Perfect Investment Property in Richmond, Michigan
Explore investment opportunities by strategy, performance, or property type
