Under $300K Investment Properties for Sale in Ann Arbor, MI
256- 2 Bed
- 2 Bath
- 1215 sft
114- 2 Bed
- 1 Bath
- 699 sft
188- 1 Bed
- 1 Bath
- 614 sft
210- - Bed
- 1 Bath
- 458 sft
Why Invest in Ann Arbor, Michigan?
Discover investment opportunities in Ann Arbor, MI under $300k, where condos and townhomes offer strong entry points for cash-flow focused investors. The University of Michigan drives consistent rental demand with **renter occupancy around 55%** and average rents supporting **6-7% yields**. Stable appreciation of **3-4% annually** combined with cap rates near **5.5%** makes these properties attractive for long-term holds. Limited supply under this price point creates competitive advantages for quick acquisitions. Proximity to major employers enhances tenant retention and reduces vacancy risks.
Frequently Asked Questions
Primarily 2-3 bedroom condos, townhomes, and co-ops ranging 900-1,500 sqft in neighborhoods like Geddes Lake and Williamsburg. These offer modern updates and community amenities. Investor-friendly HOA structures support rental conversions.
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