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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Alma, MI
Listed for sale 4 days ago
$ 149,900
ROI
23.4
Cash Flow/m
153- 3 Bed
- 2 Bath
- 1300 sft
707 N Republic Ave, Alma, MI, 48801
$ 139,043
ROI
24.0Cash Flow/m
165- 2 Bed
- 2 Bath
- 1134 sft
417 Washington Ave, Alma, MI, 48801
$ 139,900
ROI
23.3Cash Flow/m
139- 3 Bed
- 1 Bath
- 1152 sft
136 W Elizabeth St, Alma, MI, 48801
$ 275,000
ROI
20.2Cash Flow/m
33- 3 Bed
- 2 Bath
- 1820 sft
742 E Van Buren Rd, Alma, MI, 48801
Why Invest in Alma, Michigan?
Investing in Alma, MI with properties under $300k offers a promising opportunity for steady rental income and capital appreciation. This affordable market benefits from an average ROI of 7% and a rental yield of 6%, making it attractive for income-focused investors. The average cash flow is positive, supported by consistent renter occupancy rates of 88%. Appreciation rates remain stable around 3%, indicating healthy long-term value growth in this city-level market.
7%
Avg. ROI
6%
Rental Yield
5.5%
Cap Rate
$350/mo
Avg. Cash Flow
$800/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
Properties under $300k in Alma offer affordable entry with solid rental yields and positive cash flow. The stable employment and steady population growth support consistent demand.
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