Under $300K Investment Properties for Sale in Clarkston, MI
481- 3 Bed
- 1 Bath
- 1982 sft
2179- - Bed
- - Bath
- - sft
678- 3 Bed
- 1 Bath
- 1150 sft
657- 3 Bed
- 2 Bath
- 2016 sft
Why Invest in Clarkston, Michigan?
Investing in Clarkston, MI properties under $300k offers a unique opportunity to capitalize on the affordable housing market in a thriving city within Michigan. This filter targets budget-conscious investors looking for solid cash flow and steady appreciation in the region. Clarkston's rental yield is competitive, averaging around 8%, with cap rates near 7%. The average ROI is approximately 9%, supported by a renter-occupied rate of close to 45%. Investors can expect average monthly rents near $1,200, making this an attractive market segment.
Frequently Asked Questions
Properties under $300k in Clarkston primarily include single-family homes and smaller multi-family units. These options offer affordable entry points for investors seeking rental income.
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