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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High Rental Yield Investment Properties for Sale in Romeo, MI
Listed for sale 7 days ago
$ 399,000
ROI
20.8
Cash Flow/m
110- 4 Bed
- 2 Bath
- 2200 sft
438 N Bailey St, Romeo, MI, 48065
$ 435,000
ROI
21.2Cash Flow/m
175- 3 Bed
- 2 Bath
- 1954 sft
164 S Rawles St, Romeo, MI, 48065
$ 340,000
ROI
26.6Cash Flow/m
651- 3 Bed
- 3 Bath
- 1807 sft
174 Benjamin St, Romeo, MI, 48065
$ 239,900
ROI
26.4Cash Flow/m
445- 3 Bed
- 2 Bath
- 1054 sft
256 Mussey St, Romeo, MI, 48065
Why Invest in Romeo, Michigan?
Investing in high rental yield properties in Romeo, MI offers an attractive opportunity for steady cash flow and appreciation in a growing suburban market. The area's rental yield averages around 9.2%, outperforming many parts of Michigan. Investors benefit from a robust average ROI of 7.5% and cap rates near 6.8%, supported by a stable renter-occupied rate of 58%. With average rents around $1,100 and positive appreciation trends, Romeo is a compelling choice for diversified portfolios.
7.5%
Avg. ROI
9.2%
Rental Yield
6.8%
Cap Rate
$350/mo
Avg. Cash Flow
$1100/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Romeo, MI for high rental yield properties is approximately 9.2%, which is attractive compared to many other suburban markets in Michigan.
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