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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
$ 225,000
ROI
22.5
Cash Flow/m
172- 3 Bed
- 2 Bath
- 1100 sft
436 N Chippewa St, Shepherd, MI, 48883
$ 289,900
ROI
23.7Cash Flow/m
320- 3 Bed
- 3 Bath
- 2228 sft
10150 S Leaton Rd, Shepherd, MI, 48883
$ 280,000
ROI
20.8Cash Flow/m
84- 3 Bed
- 1 Bath
- 890 sft
429 S Geneva Rd, Shepherd, MI, 48883
$ 180,000
ROI
33.6Cash Flow/m
692- 4 Bed
- 2 Bath
- 1800 sft
3988 W Isabella 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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