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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 7 days ago
$ 154,900
ROI
23.3
Cash Flow/m
155- 2 Bed
- 1 Bath
- 1040 sft
207 W State St, Corunna, MI, 48817

$ 209,900
ROI
26.0
Cash Flow/m
364- 3 Bed
- 2 Bath
- 1488 sft
301 Ferry St, Corunna, MI, 48817

$ 174,900
ROI
24.6
Cash Flow/m
235- 4 Bed
- 2 Bath
- 1581 sft
2352 N Geeck Rd, Corunna, MI, 48817

$ 299,900
ROI
23.0
Cash Flow/m
269- 3 Bed
- 2 Bath
- 1313 sft
4501 N New Lothrop 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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