Under $300K Investment Properties for Sale in Gobles, MI
Rental Income
$ 229,000
ROI
26.6
Cash Flow/m
434- 3 Bed
- 3 Bath
- 1400 sft
108 E Exchange St, Gobles, MI, 49055
$ 200,000
ROI
31.0Cash Flow/m
625- 35 Bed
- 2 Bath
- - sft
12247 M 40, Gobles, MI, 49055
$ 279,000
ROI
20.1Cash Flow/m
29- 3 Bed
- 2 Bath
- 1311 sft
304 Orchard Ct, Gobles, MI, 49055
$ 175,000
ROI
25.3Cash Flow/m
268- 2 Bed
- 1 Bath
- 890 sft
15399 County Road 653, Gobles, MI, 49055
Why Invest in Gobles, Michigan?
Investing in properties under $300k in Gobles, MI presents a unique opportunity to tap into a growing Midwestern market with solid rental yields. With an average ROI of around 7%, investors can benefit from stable cap rates near 6% and attractive cash flows. Rental demand remains steady due to a high renter-occupied rate of 40%. Gobles offers affordable entry points combined with promising appreciation trends, making it suitable for investors seeking balanced risk and growth potential.
7%
Avg. ROI
8%
Rental Yield
6%
Cap Rate
$800/mo
Avg. Cash Flow
$850/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield for properties under $300k in Gobles is approximately 8%, reflecting steady rental demand and affordable property prices.
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