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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Shepherd, MI
Fix & Flip
Listed for sale 4 days ago
$ 149,000
ROI
24.9
Cash Flow/m
214- 3 Bed
- 2 Bath
- 1094 sft
3083 W Isabella Rd, Shepherd, MI, 48883
Listed for sale 5 days ago
$ 245,000
ROI
23.4Cash Flow/m
250- 5 Bed
- 3 Bath
- 2352 sft
8611 S Wise Rd, Shepherd, MI, 48883
$ 155,000
ROI
24.9Cash Flow/m
221- 2 Bed
- 1 Bath
- 971 sft
309 N 2nd St, Shepherd, MI, 48883
$ 142,900
ROI
28.5Cash Flow/m
348- 2 Bed
- 1 Bath
- 1053 sft
107 W Hall 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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