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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 6 days ago
$ 129,900
ROI
32.0
Cash Flow/m
443- 3 Bed
- 2 Bath
- 1090 sft
326 S Clark St, Chesaning, MI, 48616
$ 219,900
ROI
21.0Cash Flow/m
76- 4 Bed
- 2 Bath
- 1904 sft
5577 Peet Rd, Chesaning, MI, 48616
$ 299,900
ROI
23.6Cash Flow/m
325- 4 Bed
- 2 Bath
- 2104 sft
15151 Bishop Rd, Chesaning, MI, 48616
$ 239,900
ROI
25.4Cash Flow/m
379- 3 Bed
- 2 Bath
- 1161 sft
12301 Niblock Rd, 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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