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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Shepherd, MI

$ 148,000
ROI
24.3
Cash Flow/m
187- 4 Bed
- 1 Bath
- 1408 sft
233 E Wright Ave, Shepherd, MI, 48883

$ 209,900
ROI
21.0
Cash Flow/m
75- 4 Bed
- 3 Bath
- 1881 sft
209 N Chippewa St, Shepherd, MI, 48883

$ 269,000
ROI
26.7
Cash Flow/m
520- 3 Bed
- 3 Bath
- 1568 sft
4466 W Prairie Rd, Shepherd, MI, 48883

$ 158,500
ROI
23.7
Cash Flow/m
175- 3 Bed
- 1 Bath
- 1700 sft
8797 E Walton Rd, Shepherd, MI, 48883
Why Invest in Shepherd, Michigan?
Investing in Shepherd, MI real estate offers strong potential for steady rental yield and appreciation. The local market benefits from a stable cap rate around 6% and an average ROI close to 8%. Properties here tend to generate an average cash flow of about $250 monthly, supported by a renter-occupied rate of 40%. With affordable average rents near $900, Shepherd presents appealing opportunities for investors seeking moderate growth with manageable risk.
8%
Avg. ROI
7%
Rental Yield
6%
Cap Rate
$250/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Shepherd is about 7%, making it a solid option for investors seeking rental income.
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