Under $300K Investment Properties for Sale in Cadillac, MI
Listed for sale 5 days ago
$ 269,900
ROI
26.2
Cash Flow/m
481- 5 Bed
- 3 Bath
- 3250 sft
318 Hersey St, Cadillac, MI, 49601
Listed for sale 7 days ago
$ 225,000
ROI
26.4Cash Flow/m
413- 3 Bed
- 2 Bath
- 1512 sft
709 Linden St, Cadillac, MI, 49601
Listed for sale 7 days ago
$ 189,900
ROI
23.0Cash Flow/m
172- 3 Bed
- 1 Bath
- 1384 sft
101 Martina St, Cadillac, MI, 49601
$ 179,900
ROI
24.6Cash Flow/m
244- 3 Bed
- 2 Bath
- 1195 sft
1009 1st Ave, Cadillac, MI, 49601
Why Invest in Cadillac, Michigan?
Investing in properties under $300k in Cadillac, MI offers an affordable entry into a stable market with steady rental demand. This filter highlights opportunities with an average ROI of 6.5% and cap rates near 7%, supported by a rental yield of 8%. The area's average rent of $900 provides consistent cash flow, while a renter occupancy rate of 55% underlines strong tenant presence. Appreciation trends around 2.5% further enhance long-term investment value.
6.5%
Avg. ROI
8%
Rental Yield
7%
Cap Rate
$150/mo
Avg. Cash Flow
$900/mo
Avg. Rent
2.5%
1Y Appreciation
Frequently Asked Questions
Mostly single-family homes, small multi-family units, and condominiums fall under the $300k price point. These properties are ideal for entry-level investors seeking stable cash flow.
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