Under $300K Investment Properties for Sale in Bridgman, MI
$ 274,900
ROI
21.0
Cash Flow/m
98- 3 Bed
- 2 Bath
- 1344 sft
10163 Baldwin Rd, Bridgman, MI, 49106
$ 242,900
ROI
20.9Cash Flow/m
78- 3 Bed
- 2 Bath
- 988 sft
4562 Vista Dr, Bridgman, MI, 49106
$ 220,000
ROI
27.6Cash Flow/m
480- 2 Bed
- 1 Bath
- 840 sft
10561 Baldwin Rd, Bridgman, MI, 49106
$ 262,000
ROI
24.9Cash Flow/m
371- 3 Bed
- 2 Bath
- 1000 sft
4212 Orchard 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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