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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Chassell, MI
Listed for sale 1 day ago
$ 209,900
ROI
23.6
Cash Flow/m
225- 3 Bed
- 1 Bath
- 1026 sft
21998 Chassell Painesdale Rd, Chassell, MI, 49916
$ 249,900
ROI
22.6Cash Flow/m
195- 3 Bed
- 2 Bath
- 1501 sft
42731 Wilson Memorial Dr, Chassell, MI, 49916
$ 239,000
ROI
20.1Cash Flow/m
23- 2 Bed
- 1 Bath
- 936 sft
45725 Us Highway 41, Chassell, MI, 49916
$ 235,000
ROI
20.2Cash Flow/m
28- 2 Bed
- 1 Bath
- 1080 sft
35449 Tapiola Rd, Chassell, MI, 49916
Why Invest in Chassell, Michigan?
Investing in Chassell, MI under 300k offers affordable entry into a stable market with solid rental demand. The area's average ROI is around 7%, supported by a rental yield of 8% and a cap rate near 6%. This filter focuses on affordable properties, ideal for new investors seeking positive cash flow averaging $800 monthly. Appreciation in Chassell has been steady at 3% annually. Renter-occupied units make up approximately 25% of the market, ensuring steady demand.
7%
Avg. ROI
8%
Rental Yield
6%
Cap Rate
$800/mo
Avg. Cash Flow
$750/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
Under 300k, Chassell offers mainly single-family homes and small multifamily units. These properties typically appeal to first-time investors and renters seeking affordable housing.
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