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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Elsie, MI
$ 137,500
ROI
31.5
Cash Flow/m
450- 2 Bed
- 1 Bath
- 964 sft
244 E Elm St, Elsie, MI, 48831
$ 232,500
ROI
20.2Cash Flow/m
28- 3 Bed
- 1 Bath
- 1280 sft
7312 W Henderson Rd, Elsie, MI, 48831
$ 110,000
ROI
24.3Cash Flow/m
140- 2 Bed
- 1 Bath
- 1060 sft
104 W Hanvey St, Elsie, MI, 48807
$ 199,000
ROI
25.9Cash Flow/m
340- 2 Bed
- 1 Bath
- 1056 sft
5251 E Island Rd, Elsie, MI, 48831
Why Invest in Elsie, Michigan?
Investing in Elsie, MI under $300k properties presents a solid opportunity for steady rental income and moderate appreciation. The area's average cap rate of 7.0% and rental yield of 6.5% indicate favorable returns. With an average ROI of 8.2% and positive cash flow metrics, Elsie attracts investors seeking affordable real estate in Michigan. The renter-occupied rate near 52% points to a stable rental market supported by the local economy.
8.2%
Avg. ROI
6.5%
Rental Yield
7%
Cap Rate
$450/mo
Avg. Cash Flow
$850/mo
Avg. Rent
2.8%
1Y Appreciation
Frequently Asked Questions
The average rental yield for properties under $300k in Elsie is around 6.5%, indicating solid income potential for investors.
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