Under $300K Investment Properties for Sale in Clare, MI
Listed for sale 6 days ago
$ 150,000
ROI
24.0
Cash Flow/m
176- 3 Bed
- 1 Bath
- 1815 sft
211 E 6th St, Clare, MI, 48617
$ 159,900
ROI
23.4Cash Flow/m
163- 2 Bed
- 1 Bath
- 964 sft
2671 E Maple Rd, Clare, MI, 48617
$ 269,900
ROI
31.5Cash Flow/m
883- 3 Bed
- 3 Bath
- 3000 sft
8593 S Clare Ave, Clare, MI, 48617
$ 290,000
ROI
28.7Cash Flow/m
724- 3 Bed
- 2 Bath
- 1568 sft
9625 Tobacco Dr, Clare, MI, 48617
Why Invest in Clare, Michigan?
Investing in Clare, MI properties under $300k offers a great opportunity for steady cash flow and solid appreciation potential. This market shows an average ROI of 7.2%, supported by a rental yield near 8%, making it attractive for income-focused investors. The cap rate stands at 6.5% with average rents around $900 per month. Rental demand is strong with renter-occupied units at 45%, indicating sustained tenant interest.
7.2%
Avg. ROI
7.9%
Rental Yield
6.5%
Cap Rate
$150/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3.1%
1Y Appreciation
Frequently Asked Questions
Clare offers affordable properties with strong rental yields and consistent demand. The steady employment base and low vacancy rates support stable cash flow investments.
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