Under $300K Investment Properties for Sale in Alma, MI
Listed for sale 1 day ago
$ 299,043
ROI
23.4
Cash Flow/m
303- 3 Bed
- 2 Bath
- 1715 sft
569 Charles Ave, Alma, MI, 48801
Listed for sale 3 days ago
$ 269,000
ROI
23.5Cash Flow/m
278- 3 Bed
- 2 Bath
- 1682 sft
4325 W Tyler Rd, Alma, MI, 48801
$ 169,900
ROI
26.9Cash Flow/m
338- 3 Bed
- 1 Bath
- 1192 sft
1519 Eastward St, Alma, MI, 48801
$ 189,900
ROI
23.4Cash Flow/m
194- 3 Bed
- 2 Bath
- 1124 sft
514 Brown 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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