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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 2 days ago
$ 282,000
ROI
23.3
Cash Flow/m
274- 4 Bed
- 2 Bath
- 2123 sft
189 Westview Dr, Alma, MI, 48801
Listed for sale 4 days ago
$ 134,000
ROI
24.4Cash Flow/m
173- 4 Bed
- 1 Bath
- 1348 sft
601 N River Ave, Alma, MI, 48801
$ 245,000
ROI
23.7Cash Flow/m
267- 3 Bed
- 2 Bath
- 2013 sft
209 Westview Dr, Alma, MI, 48801
$ 142,000
ROI
27.5Cash Flow/m
307- 2 Bed
- 1 Bath
- 1073 sft
321 S State St, 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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