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 Engadine, MI
Listed for sale 4 days ago
$ 219,000
ROI
25.7
Cash Flow/m
361- 2 Bed
- 1 Bath
- 972 sft
N7546 Millecoquin Lake Dr, Engadine, MI, 49827
Listed for sale 5 days ago
$ 260,000
ROI
20.8Cash Flow/m
73- 2 Bed
- 2 Bath
- 1144 sft
N7790 Millecoquin Lake Dr, Engadine, MI, 49827
Airbnb Potential
$ 159,900
ROI
24.1Cash Flow/m
195- 2 Bed
- 1 Bath
- 967 sft
7104 N M 117, Engadine, MI, 49827
$ 250,178
ROI
36.5Cash Flow/m
1165- - Bed
- - Bath
- - sft
W14639 Stimich Rd, Engadine, MI, 49827
Why Invest in Engadine, Michigan?
Investing in real estate under $500k in Engadine, MI offers a unique opportunity to access affordable properties with strong potential returns. The area shows an average ROI of 6%, with rental yields around 7%, making it attractive for investors focused on rental income. Cap rates remain healthy at 5.5%, while average cash flow is positive, supported by reasonable rent prices averaging $1,100 monthly. Appreciation rates near 3.5% suggest steady property value growth, with roughly 45% renter occupancy indicating a solid rental market.
6%
Avg. ROI
7%
Rental Yield
5.5%
Cap Rate
$250/mo
Avg. Cash Flow
$1100/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
The average rental yield for properties under $500k in Engadine is approximately 7%, reflecting strong income potential for investors.
Find Your Perfect Investment Property in Engadine, Michigan
Explore investment opportunities by strategy, performance, or property type
