Under $300K Investment Properties for Sale in Corunna, MI
$ 229,900
ROI
20.1
Cash Flow/m
21- 3 Bed
- 2 Bath
- 1592 sft
441 E Williams St, Corunna, MI, 48817
$ 190,000
ROI
23.5Cash Flow/m
199- 2 Bed
- 1 Bath
- 914 sft
9140 E M 21, Corunna, MI, 48817
$ 100,000
ROI
24.3Cash Flow/m
127- 2 Bed
- 1 Bath
- 1129 sft
317 Woodworth St, Corunna, MI, 48817
$ 110,000
ROI
24.7Cash Flow/m
151- 3 Bed
- 1 Bath
- 1044 sft
322 E Corunna Ave, Corunna, MI, 48817
Why Invest in Corunna, Michigan?
Investing in Corunna, MI properties under $300k offers a compelling opportunity for reliable rental income with an average cap rate of 7%. This affordability level attracts stable tenant demand, reflected in a renter occupancy rate of 56%. Investors can expect an average ROI of 8% and consistent appreciation trends at around 2% annually. Corunna's market benefits from a resilient local economy supported by diversified employment and steady population growth, ideal for moderate-to-long-term investment horizons.
8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$500/mo
Avg. Cash Flow
$850/mo
Avg. Rent
2%
1Y Appreciation
Frequently Asked Questions
The average rental yield for properties under $300k in Corunna, MI is approximately 6%, reflecting steady rental demand and moderate rents.
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