Under $500K Investment Properties for Sale in Cedar Springs, MI

Property at 178 W Muskegon St NE, Cedar Springs, MI
Listed for sale today
$ 239,900
ROI
31.7ROI percentage
Cash Flow/m
Dollar sign800
  • 3 Bed
  • 1 Bath
  • 1356 sft
178 W Muskegon St NE, Cedar Springs, MI, 49319
Property at 2076 Winston View Dr NE, Cedar Springs, MI
Listed for sale 1 day ago
$ 275,000
ROI
29.8ROI percentage
Cash Flow/m
Dollar sign767
  • 4 Bed
  • 2 Bath
  • 1330 sft
2076 Winston View Dr NE, Cedar Springs, MI, 49319
Property at 2180 Nineteen Mile Rd NE, Cedar Springs, MI
Listed for sale 2 days ago
$ 249,900
ROI
27.1ROI percentage
Cash Flow/m
Dollar sign512
  • 1 Bed
  • 1 Bath
  • 960 sft
2180 Nineteen Mile Rd NE, Cedar Springs, MI, 49319
Property at 13464 Northland Dr, Cedar Springs, MI
Listed for sale 4 days ago
$ 399,000
ROI
26.8ROI percentage
Cash Flow/m
Dollar sign777
  • 5 Bed
  • 2 Bath
  • 2000 sft
13464 Northland Dr, Cedar Springs, MI, 49319

Why Invest in Cedar Springs, Michigan?

Investing in Cedar Springs, MI under $500k offers an attractive opportunity in a growing Midwestern city. This filter highlights affordable properties with solid rental yields, averaging around 8%, and cap rates near 7%. Average ROI remains competitive at roughly 6%, supported by consistent appreciation around 3% annually. The market benefits from a strong renter-occupied rate of 55%, reflecting steady demand. Cash flow averages $450 monthly, making it a viable entry point for investors.

6%
Avg. ROI
8%
Rental Yield
7%
Cap Rate
$450/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3%
1Y Appreciation

Frequently Asked Questions

The average rental yield for properties under $500k in Cedar Springs is approximately 8%, making it a favorable market for rental income.

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