High Rental Yield 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 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.
Find Your Perfect Investment Property in Shepherd, Michigan
Explore investment opportunities by strategy, performance, or property type
