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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Caro, MI
Listed for sale 1 day ago
$ 249,900
ROI
23.9
Cash Flow/m
288- 3 Bed
- 2 Bath
- 1350 sft
3151 Frankford Rd, Caro, MI, 48723
Listed for sale 2 days ago
$ 119,900
ROI
24.5Cash Flow/m
158- 3 Bed
- 1 Bath
- 1152 sft
3350 E Dutcher Rd, Caro, MI, 48723
Listed for sale 2 days ago
$ 162,900
ROI
32.0Cash Flow/m
553- 2 Bed
- 1 Bath
- 1180 sft
904 Gibbs St, Caro, MI, 48723
Listed for sale 3 days ago
$ 214,500
ROI
24.6Cash Flow/m
289- 3 Bed
- 1 Bath
- 1196 sft
2254 Waterman Rd, Caro, MI, 48768
Why Invest in Caro, Michigan?
Investing in Caro, MI properties under $300k offers a unique opportunity for affordable entry into a stable market. With an average cash flow of $350 per month and a cap rate near 7%, investors can expect competitive returns. Rental yield is strong at approximately 9%, and the area benefits from steady appreciation of 3% annually. The renter-occupied rate sits around 55%, indicating a healthy rental demand. These metrics emphasize value and growth potential for investors focused on the Michigan market.
8%
Avg. ROI
9%
Rental Yield
7%
Cap Rate
$350/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average ROI for investments under $300k in Caro is approximately 8%, supported by strong rental yields and solid cap rates.
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