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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Glennie, MI
Listed for sale 7 days ago
$ 210,000
ROI
19.9
Cash Flow/m
6- 2 Bed
- 1 Bath
- 720 sft
3619 Chippewa Dr, Glennie, MI, 48737
$ 149,700
ROI
30.7Cash Flow/m
454- 2 Bed
- 1 Bath
- 1000 sft
5710 Clouse Rd, Glennie, MI, 48737
Airbnb Potential
$ 159,000
ROI
23.4Cash Flow/m
161- 1 Bed
- 1 Bath
- 988 sft
4338 Loud Dam Rd, Glennie, MI, 48737
$ 129,900
ROI
23.3Cash Flow/m
129- 2 Bed
- 2 Bath
- 1155 sft
4285 Limberlost Trl, Glennie, MI, 48737
Why Invest in Glennie, Michigan?
Investing in Glennie, MI properties under $500k offers a unique opportunity to capitalize on affordable entry points within Michigan’s real estate market. Glennie features solid cap rates averaging around 7%, with rental yields near 8% supporting attractive cash flow potential. The area's average ROI hovers around 6%, benefiting from steady property appreciation of about 2% annually. Renter occupancy remains strong, near 85%, making this market appealing for long-term rental investments.
6%
Avg. ROI
8%
Rental Yield
7%
Cap Rate
$500/mo
Avg. Cash Flow
$850/mo
Avg. Rent
2%
1Y Appreciation
Frequently Asked Questions
The average rental yield for properties under $500k in Glennie is approximately 8%, reflecting solid rental income compared to property prices.
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