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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Dewitt, MI
Listed for sale 1 day ago
$ 344,900
ROI
26.5
Cash Flow/m
645- 4 Bed
- 3 Bath
- 1978 sft
12719 Ontonagon Dr, Dewitt, MI, 48820
Listed for sale 7 days ago
$ 299,900
ROI
26.9Cash Flow/m
599- 3 Bed
- 2 Bath
- 1792 sft
12565 McKouen Dr, Dewitt, MI, 48820
Listed for sale 7 days ago
$ 400,000
ROI
20.0Cash Flow/m
30- 5 Bed
- 3 Bath
- 3040 sft
3343 Silverspring Dr, Dewitt, MI, 48820
$ 319,900
ROI
26.4Cash Flow/m
593- 3 Bed
- 3 Bath
- 1548 sft
12719 Houghton Dr, Dewitt, MI, 48820
Why Invest in Dewitt, Michigan?
Investing in Dewitt, MI, especially properties under $500k, offers solid opportunities for real estate investors. The affordable property prices combined with a cap rate around 7% and an average rental yield of 8% make it an attractive market. Dewitt benefits from steady appreciation rates near 3% annually and rental demand supported by a 65% renter-occupied rate. Average cash flow remains positive, with monthly rents averaging $1,100, creating an appealing environment for investors seeking diversified portfolios.
8%
Avg. ROI
8%
Rental Yield
7%
Cap Rate
$350/mo
Avg. Cash Flow
$1100/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield for properties under $500k in Dewitt, MI is approximately 8%, making it a favorable market for investors focused on steady income.
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