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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Alanson, MI

Listed for sale today
$ 129,000
ROI
27.9
Cash Flow/m
293- 1 Bed
- 1 Bath
- 400 sft
6783 Bianco #87, Alanson, MI, 49706

Airbnb Potential
$ 199,000
ROI
24.9
Cash Flow/m
283- 2 Bed
- 1 Bath
- 1450 sft
3981 Resort Rd, Alanson, MI, 49706

$ 259,900
ROI
21.5
Cash Flow/m
124- 3 Bed
- 2 Bath
- 1104 sft
2301 Miller Rd, Alanson, MI, 49706

$ 259,900
ROI
22.5
Cash Flow/m
201- 3 Bed
- 1 Bath
- 1270 sft
6419 River St, Alanson, MI, 49706
Why Invest in Alanson, Michigan?
Investing in Alanson, MI, under $300k offers a valuable opportunity to enter a growing market with solid rental demand. The area boasts an average ROI of 7.5%, driven by a rental yield of 6.8% and a cap rate around 6.2%. Average cash flow for investment properties is positive at $150 per month, supported by stable rental income averaging $900. Appreciation rates near 3% highlight steady long-term growth potential in this Northern Michigan community.
7.5%
Avg. ROI
6.8%
Rental Yield
6.2%
Cap Rate
$150/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield for investment properties under $300k in Alanson is approximately 6.8%, making it a viable market for steady rental income.
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