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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Frankfort, MI
$ 289,000
ROI
24.2
Cash Flow/m
359- 2 Bed
- 2 Bath
- 1692 sft
714 Leelanau Ave, Frankfort, MI, 49635
Airbnb Potential
$ 230,000
ROI
22.8Cash Flow/m
197- 2 Bed
- 1 Bath
- 690 sft
3131 Herron Rd, Frankfort, MI, 49635
$ 289,000
ROI
22.6Cash Flow/m
231- 3 Bed
- 3 Bath
- - sft
718 Forest Ave, Frankfort, MI, 49635
$ 265,000
ROI
21.3Cash Flow/m
110- 2 Bed
- 2 Bath
- 982 sft
1630 Birch St, 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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