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
$ 144,900
ROI
24.4
Cash Flow/m
188- 2 Bed
- 1 Bath
- 994 sft
249 E Elm St, Elsie, MI, 48831
$ 194,900
ROI
32.0Cash Flow/m
662- 2 Bed
- 2 Bath
- 1056 sft
208 W Oak St, Elsie, MI, 48831
Fix & Flip
$ 175,000
ROI
24.0Cash Flow/m
205- 4 Bed
- 2 Bath
- 1912 sft
147 E Elm St, Elsie, MI, 48831
$ 250,000
ROI
21.4Cash Flow/m
114- 3 Bed
- 1 Bath
- 2276 sft
8259 N Meridian 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
