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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Bridgman, MI

$ 235,000
ROI
24.2
Cash Flow/m
290- 2 Bed
- 1 Bath
- 1044 sft
10497 California, Bridgman, MI, 49106

$ 264,900
ROI
35.2
Cash Flow/m
1138- 4 Bed
- 4 Bath
- 2304 sft
9896 Baldwin Rd, Bridgman, MI, 49106

$ 220,000
ROI
20.0
Cash Flow/m
16- 3 Bed
- 2 Bath
- 1000 sft
3926 Popalardo St, Bridgman, MI, 49106

$ 250,000
ROI
23.0
Cash Flow/m
228- 2 Bed
- 1 Bath
- 953 sft
3728 Lake St, Bridgman, MI, 49106
Why Invest in Bridgman, Michigan?
Investing in Bridgman, MI properties under $300k offers a unique opportunity to tap into a stable and growing real estate market. This affordable price range attracts steady rental demand with a rental yield around 7%, supporting an average cash flow of approximately $700 per month. The area boasts an average ROI of 6.5%, with cap rates near 7.2%, making it a compelling choice for entry-level investors. Appreciation rates remain steady at 2.5%, sustained by a renter-occupied rate of 48%.
6.5%
Avg. ROI
7%
Rental Yield
7.2%
Cap Rate
$700/mo
Avg. Cash Flow
$850/mo
Avg. Rent
2.5%
1Y Appreciation
Frequently Asked Questions
Under $300k, you can find a range of single-family homes and small multi-unit properties, often appealing to first-time investors and renters seeking affordability.
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