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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Gladwin, MI
Listed for sale 3 days ago
$ 290,292
ROI
26.4
Cash Flow/m
536- 3 Bed
- 2 Bath
- 2300 sft
3600 Schmidt Rd, Gladwin, MI, 48624
Listed for sale 3 days ago
$ 239,900
ROI
20.4Cash Flow/m
43- 2 Bed
- 1 Bath
- 926 sft
645 Peace Haven St, Gladwin, MI, 48624
Listed for sale 4 days ago
$ 169,900
ROI
24.4Cash Flow/m
219- 1 Bed
- 1 Bath
- 320 sft
504 Hilo Rd, Gladwin, MI, 48624
$ 350,000
ROI
23.8Cash Flow/m
394- 4 Bed
- 2 Bath
- 3830 sft
2890 S Hoover Ave, Gladwin, MI, 48624
Why Invest in Gladwin, Michigan?
Investing in Gladwin, MI properties under $500k offers an affordable entry into Michigan's real estate market. With an average ROI of 7.1% and a rental yield close to 6.0%, this market provides sound cash flow potential. The cap rate of 5.3% and steady appreciation rates of 2.2% reflect a stable growth environment. Renter occupancy remains robust at 75%, supporting healthy rental demand for investors focusing on affordable properties.
7.1%
Avg. ROI
6%
Rental Yield
5.3%
Cap Rate
$700/mo
Avg. Cash Flow
$850/mo
Avg. Rent
2.2%
1Y Appreciation
Frequently Asked Questions
Properties under $500k in Gladwin typically include single-family homes, small multi-family units, and some condominiums, ideal for entry-level investors and affordable housing buyers.
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