Under $500K Investment Properties for Sale in Almont, MI

$ 419,900
ROI
22.8
Cash Flow/m
358- 5 Bed
- 2 Bath
- 2680 sft
3111 Howland Rd, Almont, MI, 48003

$ 284,900
ROI
22.1
Cash Flow/m
188- 3 Bed
- 1 Bath
- 1517 sft
322 Cherry St, Almont, MI, 48003

$ 274,900
ROI
25.6
Cash Flow/m
444- 3 Bed
- 2 Bath
- 1505 sft
202 E Saint Clair St, Almont, MI, 48003

$ 385,000
ROI
20.3
Cash Flow/m
56- 3 Bed
- 2 Bath
- 2551 sft
4515 Kidder Rd, 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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