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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Athens, MI
Listed for sale 3 days ago
$ 194,900
ROI
29.2
Cash Flow/m
510- 3 Bed
- 2 Bath
- 1344 sft
419 S Capital Ave, Athens, MI, 49011
$ 170,000
ROI
24.4Cash Flow/m
219- 4 Bed
- 2 Bath
- 1976 sft
101 S Avenue C, Athens, MI, 49011
$ 179,900
ROI
24.3Cash Flow/m
226- 3 Bed
- 1 Bath
- 1100 sft
633 Oak, Athens, MI, 49011
$ 175,000
ROI
24.6Cash Flow/m
234- 3 Bed
- 1 Bath
- 1539 sft
242 W South St, Athens, MI, 49011
Why Invest in Athens, Michigan?
Investing in properties under $500K in Athens, MI offers a promising opportunity for steady rental income and long-term appreciation. The local market exhibits an average ROI of 6.5% and a rental yield of 7.2%, highlighting strong cash flow potential. Cap rates remain competitive at around 5.8%, while average rents are approximately $1,200 per month. With an average annual appreciation of 3.1%, investors can benefit from gradual equity growth in this growing community.
6.5%
Avg. ROI
7.2%
Rental Yield
5.8%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3.1%
1Y Appreciation
Frequently Asked Questions
Properties under $500K in Athens typically include single-family homes, small multifamily units, and townhouses. These offer investors a range of options for rental income and potential appreciation.
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