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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
$ 299,900
ROI
26.2
Cash Flow/m
538- 3 Bed
- 2 Bath
- 1760 sft
41103 Pike River Rd, Chassell, MI, 49916
$ 229,000
ROI
20.3Cash Flow/m
36- 4 Bed
- 2 Bath
- 1872 sft
42210 Willson Memorial Dr, Chassell, MI, 49916
$ 279,000
ROI
45.2Cash Flow/m
1976- 4 Bed
- 2 Bath
- 1850 sft
39334 Fishermans Ln, Chassell, MI, 49916
$ 219,500
ROI
25.4Cash Flow/m
342- 2 Bed
- 2 Bath
- 1141 sft
40340 Sturgeon River 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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