Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K 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 properties under $500K offers an affordable entry into a stable market with promising rental yields. The average ROI hovers around 7.5%, supported by a cap rate near 6%, indicating healthy income potential. Rental yields average 8.2%, with consistent appreciation rates of 3.5% annually. The renter-occupied rate of 55% suggests a strong rental demand in this community. Average monthly rent sits around $950, providing steady cash flow for investors seeking moderate investment properties.
7.5%
Avg. ROI
8.2%
Rental Yield
6%
Cap Rate
$400/mo
Avg. Cash Flow
$950/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
Properties under $500K in Elsie primarily include single-family homes and small multifamily units, offering good rental potential for investors.
Find Your Perfect Investment Property in Elsie, Michigan
Explore investment opportunities by strategy, performance, or property type
