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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Essexville, MI
$ 299,990
ROI
29.3
Cash Flow/m
796- 3 Bed
- 3 Bath
- 1780 sft
1612 Saint Marys Ct, Essexville, MI, 48732
$ 136,900
ROI
23.4Cash Flow/m
139- 2 Bed
- 1 Bath
- 785 sft
1253 W Nebobish Rd, Essexville, MI, 48732
$ 169,900
ROI
23.2Cash Flow/m
163- 3 Bed
- 3 Bath
- 1907 sft
1720 Kaczmarek Dr, Essexville, MI, 48732
$ 249,900
ROI
20.9Cash Flow/m
76- 2 Bed
- 1 Bath
- 1283 sft
1285 W Nebobish Rd, Essexville, MI, 48732
Why Invest in Essexville, Michigan?
Investing in Essexville, MI under $500k offers a promising opportunity with an average ROI of 7%, attractive cap rates around 6%, and a rental yield of 8%. The local market features steady appreciation rates near 3% annually, and consistent cash flow averaging $700 monthly. This affordable segment appeals to investors targeting renter-occupied properties in a growing community influenced by stable economic fundamentals and expanding housing demand.
7%
Avg. ROI
8%
Rental Yield
6%
Cap Rate
$700/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
Properties under $500k in Essexville mainly consist of single-family homes and smaller multi-family units. These are ideal for investors seeking steady rental income in an affordable market.
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