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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High Rental Yield 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 rental properties in Shepherd, MI offers promising high rental yields that attract savvy investors seeking stable cash flow. The local market, influenced by strong rental demand and attractive cap rates, supports an average ROI of around 8%. Rental yields hover near 9%, demonstrating profitable opportunities compared to other Michigan cities. With an average monthly rent of $900 and steady property appreciation near 3%, Shepherd remains an appealing choice for income-focused portfolios.
8%
Avg. ROI
9%
Rental Yield
7%
Cap Rate
$200/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Shepherd, MI is approximately 9%, making it an attractive location for rental property investors.
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