Investment Properties for Sale in Sheridan, MI
Listed for sale 4 days ago
$ 224,900
ROI
20.0
Cash Flow/m
18- 3 Bed
- 2 Bath
- 2310 sft
7209 E Condensery Rd, Sheridan, MI, 48884
$ 249,900
ROI
25.6Cash Flow/m
406- 3 Bed
- 2 Bath
- 1296 sft
2972 W Kroman Rd, SHERIDAN, MI, 48884
Listed for sale 6 days ago
$ 249,000
ROI
31.9Cash Flow/m
838- 3 Bed
- 2 Bath
- 2252 sft
138 N Sherman St, Sheridan, MI, 48884
Listed for sale 6 days ago
$ 325,000
ROI
21.3Cash Flow/m
136- 4 Bed
- 2 Bath
- 2044 sft
6346 S Sheridan Rd, Sheridan, MI, 48884
Why Invest in Sheridan, Michigan?
Investing in Sheridan, MI offers a promising opportunity due to its affordable housing market and stable rental yield. With an average ROI of around 8%, investors can benefit from consistent rental income and moderate property appreciation rates near 3%. The area's renter occupancy rate is healthy at about 55%, signaling steady demand. Sheridan’s cap rate averages 7%, making it attractive for cash flow-focused investors. Its strategic location in Michigan contributes to steady economic and population growth.
8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$200/mo
Avg. Cash Flow
$750/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Sheridan is approximately 6%, offering investors steady income potential from rental properties.
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