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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Dowagiac, MI
Currently Rented
Fix & Flip
Rental Income
$ 129,000
ROI
33.7
Cash Flow/m
501- 5 Bed
- 3 Bath
- 2550 sft
116 Oak St, Dowagiac, MI, 49047
$ 465,000
ROI
23.2Cash Flow/m
440- 4 Bed
- 2 Bath
- 2900 sft
55945 Inn D Inn Dr, DOWAGIAC, MI, 49047
Fix & Flip
$ 109,500
ROI
32.8Cash Flow/m
398- 3 Bed
- 2 Bath
- 2000 sft
122 Oak St, Dowagiac, MI, 49047
$ 250,000
ROI
29.8Cash Flow/m
701- 2 Bed
- 1 Bath
- 912 sft
29460 M 62 W, Dowagiac, MI, 49047
Why Invest in Dowagiac, Michigan?
Investing in Dowagiac, MI under $500k offers promising returns in a growing market. The area exhibits an average ROI of 7.2% and a rental yield around 8.5%, ideal for investors seeking affordable properties. Cap rates stand at 7.5%, supporting strong cash flow opportunities. Appreciation rates have steadily increased by 3.2%, reflecting positive market trends and renter occupancy of roughly 65%.
7.2%
Avg. ROI
8.5%
Rental Yield
7.5%
Cap Rate
$1800/mo
Avg. Cash Flow
$950/mo
Avg. Rent
3.2%
1Y Appreciation
Frequently Asked Questions
Dowagiac offers a range of residential properties under $500k including single-family homes and small multifamily units, ideal for rental investments.
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