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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Dimondale, MI
Listed for sale 7 days ago
$ 225,000
ROI
28.0
Cash Flow/m
514- 2 Bed
- 1 Bath
- 759 sft
4215 N Smith Rd, Dimondale, MI, 48821
$ 299,900
ROI
26.9Cash Flow/m
599- 4 Bed
- 3 Bath
- 1792 sft
6470 Cheshire Dr, Dimondale, MI, 48821
$ 209,900
ROI
31.6Cash Flow/m
692- 3 Bed
- 1 Bath
- 1040 sft
8825 Seney Dr, Dimondale, MI, 48821
$ 259,900
ROI
24.1Cash Flow/m
315- 4 Bed
- 2 Bath
- 1848 sft
6411 Pleasant River Dr, Dimondale, MI, 48821
Why Invest in Dimondale, Michigan?
Investing in Dimondale, MI under $300k offers a unique opportunity to capitalize on affordable real estate in a stable market. This filter targets starter homes and smaller multifamily units, providing an average ROI of around 7%. Rental yield stands strong at approximately 6%, supported by a steady renter occupancy close to 68%. Investors benefit from moderate appreciation rates near 3% annually. The cap rate of about 5% ensures a healthy balance between income and property value growth.
7%
Avg. ROI
6%
Rental Yield
5%
Cap Rate
$1200/mo
Avg. Cash Flow
$950/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
Properties under $300k in Dimondale typically include single-family homes and smaller multifamily units, ideal for first-time investors or those seeking affordable rental options.
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