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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Fenwick, MI
$ 229,900
ROI
20.1
Cash Flow/m
25- 2 Bed
- 1 Bath
- 880 sft
8710 Orleans Ave, Fenwick, MI, 48834
$ 160,000
ROI
36.1Cash Flow/m
729- 2 Bed
- 1 Bath
- 950 sft
311 W Fenwick Rd, Fenwick, MI, 48834
$ 257,000
ROI
22.9Cash Flow/m
228- 3 Bed
- 2 Bath
- 1050 sft
2084 W Fenwick Rd, Fenwick, MI, 48834
$ 175,000
ROI
36.1Cash Flow/m
797- 3 Bed
- 2 Bath
- 1080 sft
333 Jefferson St, Fenwick, MI, 48834
Why Invest in Fenwick, Michigan?
Investing in Fenwick, MI under $300k offers accessible entry points into a growing Michigan community. This price bracket attracts renters seeking affordable housing, supporting a stable rental yield of approximately 7%. Cap rates in the area average 6.5%, reflecting solid income potential. The region has an average cash flow near $200 monthly and an appreciation rate around 3% annually, making it a promising market for steady returns.
8%
Avg. ROI
7%
Rental Yield
6.5%
Cap Rate
$200/mo
Avg. Cash Flow
$850/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
Properties under $300k in Fenwick primarily include single-family homes and smaller multi-family units, suitable for entry-level investors targeting rental income or first-home buyers.
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