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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Chesaning, MI
Listed for sale 1 day ago
$ 295,000
ROI
20.3
Cash Flow/m
44- 3 Bed
- 3 Bath
- 2104 sft
9800 Ferden Rd, Chesaning, MI, 48616
Listed for sale 1 day ago
$ 285,000
ROI
29.9Cash Flow/m
807- 3 Bed
- 3 Bath
- 2201 sft
7200 Volkmer Rd, Chesaning, MI, 48616
$ 239,000
ROI
22.1Cash Flow/m
154- 3 Bed
- 2 Bath
- 1948 sft
723 Sunflower Dr, Chesaning, MI, 48616
$ 189,900
ROI
24.3Cash Flow/m
240- 3 Bed
- 2 Bath
- 1347 sft
325 S Main St, Chesaning, MI, 48616
Why Invest in Chesaning, Michigan?
Investing in Chesaning, MI under $500k offers a compelling opportunity for real estate investors focusing on affordability and steady returns. This market features an average ROI of 7%, with rental yields around 8.5% supported by a strong renter-occupied rate of 65%. Cap rates near 6% and average cash flow of $450 per unit provide healthy income potential. The area has shown consistent appreciation at 3.2% annually, making it a well-rounded investment destination in Michigan.
7%
Avg. ROI
8.5%
Rental Yield
6%
Cap Rate
$450/mo
Avg. Cash Flow
$850/mo
Avg. Rent
3.2%
1Y Appreciation
Frequently Asked Questions
Under $500k, investors can find single-family homes, small multi-family units, and some townhomes. These properties typically attract renters looking for affordable housing options.
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