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

$ 225,000
ROI
25.2
Cash Flow/m
340- 3 Bed
- 1 Bath
- 2313 sft
4951 Thompson Rd, Allen, MI, 49227

Airbnb Potential
$ 299,900
ROI
22.0
Cash Flow/m
188- 3 Bed
- 2 Bath
- 1314 sft
9180 Arkansaw Rd, Allen, MI, 49227

$ 164,900
ROI
37.2
Cash Flow/m
799- 3 Bed
- 1 Bath
- 1296 sft
205 Prentiss St, Allen, MI, 49227

$ 239,000
ROI
21.2
Cash Flow/m
96- 4 Bed
- 1 Bath
- 2088 sft
103 S Railroad St, Allen, MI, 49227
Why Invest in Allen, Michigan?
Investing in Allen, MI offers attractive opportunities, especially for properties under $300k. The area benefits from a stable rental market with an average rental yield of 8%, and a cap rate around 7%. Average cash flow investors can expect is $250 monthly, supported by steady appreciation at about 3% annually. With 60% renter-occupied properties, demand remains strong, making it a promising location for income-focused real estate investments.
7%
Avg. ROI
8%
Rental Yield
7%
Cap Rate
$250/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
Properties under $300k in Allen, MI typically include single-family homes and small multi-family units, suitable for rental investments and first-time buyers.
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