Multi Family Investment Properties for Sale in Shepherd, MI


131- 3 Bed
- 1 Bath
- 1000 sft


145- 2 Bed
- 1 Bath
- 720 sft


128- 3 Bed
- 1 Bath
- 1485 sft


141- 2 Bed
- 1 Bath
- 1080 sft


389- 6 Bed
- 1 Bath
- 2350 sft



- 3 Bed
- 2 Bath
- 1244 sft


129- 2 Bed
- 1 Bath
- 1320 sft


-- 3 Bed
- 2 Bath
- 1152 sft


140- 2 Bed
- 1 Bath
- 804 sft


141- 3 Bed
- 1 Bath
- 1208 sft


91- 2 Bed
- 1 Bath
- 778 sft


134- - Bed
- - Bath
- - sft



- 1 Bed
- 1 Bath
- 793 sft


326- 2 Bed
- 2 Bath
- - sft


130- 2 Bed
- 1 Bath
- 696 sft


117- 3 Bed
- 1 Bath
- 960 sft



- 1 Bed
- 1 Bath
- 596 sft


144- 2 Bed
- 1 Bath
- 874 sft


123- 2 Bed
- 2 Bath
- 969 sft


135- 2 Bed
- 1 Bath
- 1031 sft


98- 2 Bed
- 1 Bath
- 1040 sft


122- - Bed
- - Bath
- 1296 sft


139- 3 Bed
- 1 Bath
- 929 sft


100- 2 Bed
- 1 Bath
- 780 sft
Why Invest in Shepherd, Michigan?
Investing in multi-family properties in Shepherd, MI, presents a solid opportunity for sustained rental income and capital appreciation. This area boasts a competitive average ROI of 8.2%, coupled with a rental yield of 7.5%, ideal for investors focusing on steady cash flow. The cap rate hovers around 6.8%, reflective of balanced market conditions. Average cash flow benefits from moderate rent levels averaging $950 per unit, supported by increasing demand and a renter-occupied rate above 60%. Shepherd's stable appreciation rate of 3.1% highlights its potential for long-term value growth in multi-family real estate investments.
Frequently Asked Questions
The average ROI for multi-family properties in Shepherd, MI is approximately 8.2%, reflecting strong rental demand and stable market conditions.
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