Under $300K Investment Properties for Sale in Fenwick, MI
$ 155,000
ROI
23.8
Cash Flow/m
175- 3 Bed
- 2 Bath
- 1216 sft
11199 S Holland Rd, Fenwick, MI, 48834
Fix & Flip
Motivated Seller
$ 249,000
ROI
27.6Cash Flow/m
546- 3 Bed
- 3 Bath
- 2160 sft
11300 Cedar Lake Rd, Fenwick, MI, 48834
$ 249,900
ROI
21.8Cash Flow/m
141- 3 Bed
- 1 Bath
- 1744 sft
7572 Collins Rd, Fenwick, MI, 48834
$ 169,000
ROI
28.2Cash Flow/m
395- 3 Bed
- 1 Bath
- 1248 sft
517 W Fenwick Rd, 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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