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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
$ 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
21.0Cash Flow/m
75- 4 Bed
- 3 Bath
- 1881 sft
209 N Chippewa St, Shepherd, MI, 48883
$ 269,000
ROI
26.7Cash Flow/m
520- 3 Bed
- 3 Bath
- 1568 sft
4466 W Prairie Rd, Shepherd, MI, 48883
$ 158,500
ROI
23.7Cash Flow/m
175- 3 Bed
- 1 Bath
- 1700 sft
8797 E Walton Rd, 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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