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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Eagle, MI
Listed for sale today
$ 259,900
ROI
20.7
Cash Flow/m
69- 3 Bed
- 2 Bath
- 1354 sft
12470 S Wacousta Rd, Eagle, MI, 48822
$ 205,000
ROI
26.1Cash Flow/m
361- 3 Bed
- 1 Bath
- 1388 sft
9207 W Herbison Rd, Eagle, MI, 48822
Fix & Flip
$ 245,000
ROI
23.2Cash Flow/m
235- 2 Bed
- 2 Bath
- 1220 sft
8635 W Herbison Rd, Eagle, MI, 48822
$ 124,999
ROI
23.2Cash Flow/m
120- 3 Bed
- 2 Bath
- - sft
13805 Alaska Ave #260, Eagle, MI, 48822
Why Invest in Eagle, Michigan?
Investing in properties under $300k in Eagle, MI, offers a unique opportunity to tap into a stable market with moderate appreciation and solid rental yields. The area's average ROI hovers around 7%, driven by an average rental yield of 6%, and cap rates near 5%. Investors benefit from average cash flows of approximately $1,200 per property annually and consistent renter occupancy of about 68%. These metrics highlight Eagle's potential for steady income and long-term growth in the affordable housing segment.
7%
Avg. ROI
6%
Rental Yield
5%
Cap Rate
$1200/mo
Avg. Cash Flow
$850/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rent for properties under $300k in Eagle, MI is approximately $850 per month, making it affordable and attractive to renters.
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