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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
Listed for sale 1 day ago
$ 179,900
ROI
26.6
Cash Flow/m
342- 4 Bed
- 1 Bath
- 1308 sft
117 W McNeil St, Corunna, MI, 48817
$ 180,000
ROI
24.1Cash Flow/m
216- 4 Bed
- 3 Bath
- 1700 sft
110 E McNeil St, Corunna, MI, 48817
$ 249,900
ROI
28.3Cash Flow/m
591- 3 Bed
- 2 Bath
- 1454 sft
684 Hillside Dr, Corunna, MI, 48817
$ 159,000
ROI
28.2Cash Flow/m
373- 4 Bed
- 2 Bath
- 1280 sft
216 Oak St, 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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