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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Almont, MI
Listed for sale 4 days ago
$ 489,000
ROI
21.8
Cash Flow/m
280- 4 Bed
- 4 Bath
- 2798 sft
3365 Howland Rd, Almont, MI, 48003
$ 499,900
ROI
24.6Cash Flow/m
672- 5 Bed
- 3 Bath
- 4310 sft
5650 Grace Ln, Almont, MI, 48003
$ 399,900
ROI
25.7Cash Flow/m
662- 4 Bed
- 3 Bath
- 2894 sft
5177 Elizabeth Ln, Almont, MI, 48003
$ 239,900
ROI
29.8Cash Flow/m
667- 3 Bed
- 2 Bath
- 1530 sft
513 E Saint Clair St, Almont, MI, 48003
Why Invest in Almont, Michigan?
Investing in Almont, MI offers promising opportunities, especially with properties under $500k attracting value-conscious investors. The area's average rental yield of 7.2% and cap rate near 6.5% highlight solid income potential. An average cash flow of $500 per month and steady appreciation of 3.2% further bolster investment appeal. Renter-occupied rates of 38% indicate a stable tenant base within this Michigan city. Strategic positioning in a growing local economy also supports long-term gains.
8%
Avg. ROI
7.2%
Rental Yield
6.5%
Cap Rate
$500/mo
Avg. Cash Flow
$950/mo
Avg. Rent
3.2%
1Y Appreciation
Frequently Asked Questions
The average rental yield for properties under $500k in Almont is approximately 7.2%, offering solid income potential for investors.
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