What is a good percentage for ROI for first year investment?

[Guy Primo]

I talked to my broker he told me 15% is his personal goal when investing. Assuming you put Down 25%, He says if I invest 25k, then x .15 = 3750 / year or 312.50 per month. What do you think of 15% is this to low to high? ROI first year?

[Jaysen Medhurst]

This is all very market specific, @Guy Primo. Some investors do very well with SFR, I would never go down that route. With that in mind, the advantages of SFR are that usually the tenant pays for all the utilities, lawn care, snow removal and (often) will be more likely to handle small repairs themselves. SFRs also tend to command the highest rent, relative to size and number of bedrooms. Of course, they also tend to have the highest per-unit cost.

Once you go to a duplex, water/sewer, lawn care, snow removal and perhaps other house utilities are likely on the owner. Unlike larger MFR, you don't really get economies of scale. E.g. replacing the roof on a 4-unit doesn't cost 2X that of a duplex, but you have 2X more units over which to spread the expense. 4-unit properties usually don't cost 2X what a duplex does.