Under $300K Investment Properties for Sale in Frankfort, MI
$ 220,000
ROI
20.0
Cash Flow/m
16- 3 Bed
- 1 Bath
- 948 sft
554 Cherry Grove Ln, Frankfort, MI, 49635
$ 250,000
ROI
20.3Cash Flow/m
34- 3 Bed
- 1 Bath
- 1656 sft
1155 Michigan Ave, Frankfort, MI, 49635
$ 210,000
ROI
21.1Cash Flow/m
80- 3 Bed
- 2 Bath
- 1120 sft
580 Crystal Ave, Frankfort, MI, 49635
$ 165,000
ROI
24.1Cash Flow/m
200- 3 Bed
- 2 Bath
- 997 sft
1190 Memory Ln, Frankfort, MI, 49635
Why Invest in Frankfort, Michigan?
Investing in Frankfort, MI with properties under $300k offers a balanced opportunity for stable cash flow and growth. The local market benefits from an average rental yield of 7.2% and a cap rate of 6.5%, making it attractive for income-focused investors. Appreciation rates remain steady at 3.4% annually, supported by a renter-occupied rate of 52%. Average rent is affordable at $900, which helps maintain consistent occupancy and attractive ROI in this charming lakeside city.
8.1%
Avg. ROI
7.2%
Rental Yield
6.5%
Cap Rate
$550/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3.4%
1Y Appreciation
Frequently Asked Questions
Frankfort offers affordable properties with solid rental yields and moderate appreciation. Its stable economy and steady population growth support reliable cash flow for investors.
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