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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Corunna, MI
$ 100,000
ROI
24.1
Cash Flow/m
121- 7 Bed
- 1 Bath
- 1336 sft
323 S Brady St, Corunna, MI, 48817
$ 185,000
ROI
23.8Cash Flow/m
209- 3 Bed
- 2 Bath
- 1390 sft
415 W McArthur St, Corunna, MI, 48817
$ 261,900
ROI
24.4Cash Flow/m
337- 3 Bed
- 2 Bath
- 1522 sft
215 Sylvia Dr, Corunna, MI, 48817
$ 220,000
ROI
29.8Cash Flow/m
613- 3 Bed
- 2 Bath
- 1486 sft
200 N Reed Rd, 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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