Investment Properties for Sale in Shepherd, MI
$ 149,900
ROI
23.1
Cash Flow/m
140- 4 Bed
- 2 Bath
- 1444 sft
302 W Orchard Ave, Shepherd, MI, 48883
$ 230,000
ROI
24.0Cash Flow/m
274- 3 Bed
- 1 Bath
- 2160 sft
333 N Chippewa St, Shepherd, MI, 48883
$ 172,000
ROI
24.3Cash Flow/m
216- 5 Bed
- 2 Bath
- 1600 sft
4183 E Walton Rd, Shepherd, MI, 48883
$ 185,000
ROI
29.2Cash Flow/m
485- 3 Bed
- 1 Bath
- 1528 sft
121 E Maple St, 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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