Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Vernon, MI
$ 295,000
ROI
20.2
Cash Flow/m
34- 8 Bed
- 7 Bath
- 5064 sft
310 E Main St, Vernon, MI, 48476
$ 200,000
ROI
26.4Cash Flow/m
368- 2 Bed
- 1 Bath
- 1032 sft
227 N Walnut St, Vernon, MI, 48476
$ 164,900
ROI
27.8Cash Flow/m
369- 3 Bed
- 2 Bath
- 1056 sft
211 N Maple St, Vernon, MI, 48476
$ 230,000
ROI
25.9Cash Flow/m
394- 3 Bed
- 2 Bath
- 1244 sft
437 E Main St, Vernon, MI, 48476
Why Invest in Vernon, Michigan?
Investing in Vernon, MI offers a unique opportunity in a small-town setting with solid rental yields and attractive cap rates. Whether focusing on single-family homes or multi-unit properties, investors can expect an average ROI near 7%, supported by steady appreciation rates of around 3%. The rental market shows promising cash flow with average rents close to $900 and a renter occupancy just over 45%, making Vernon a favorable environment for long-term real estate investments.
7%
Avg. ROI
6.2%
Rental Yield
5.8%
Cap Rate
$350/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Vernon, MI is approximately 6.2%, reflecting healthy returns for property investors.
Find Your Perfect Investment Property in Vernon, Michigan
Explore investment opportunities by strategy, performance, or property type
