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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 2 days ago
$ 124,500
ROI
23.7
Cash Flow/m
136- 3 Bed
- 2 Bath
- 1152 sft
3838 Rosemary Ln, Glennie, MI, 48737
Listed for sale 2 days ago
$ 129,700
ROI
24.6Cash Flow/m
176- 2 Bed
- 1 Bath
- 986 sft
5710 Clouse Rd, Glennie, MI, 48737
Fix & Flip
$ 149,900
ROI
31.5Cash Flow/m
490- 3 Bed
- 2 Bath
- 1000 sft
900 Stout Rd, Glennie, MI, 48737
$ 145,000
ROI
24.2Cash Flow/m
179- 2 Bed
- 1 Bath
- 1500 sft
3610 Apache 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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