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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Gobles, MI
Listed for sale 3 days ago
$ 215,000
ROI
28.5
Cash Flow/m
526- 3 Bed
- 2 Bath
- 2052 sft
18242 32nd St, Gobles, MI, 49055
$ 225,000
ROI
21.0Cash Flow/m
78- 3 Bed
- 2 Bath
- 1296 sft
35081 Sweet Lake Dr, Gobles, MI, 49055
$ 311,000
ROI
21.2Cash Flow/m
127- 3 Bed
- 2 Bath
- 1921 sft
112 Poplar St, Gobles, MI, 49055
$ 245,000
ROI
20.4Cash Flow/m
45- 3 Bed
- 2 Bath
- 1620 sft
38039 20th Ave, Gobles, MI, 49055
Why Invest in Gobles, Michigan?
Investing in Gobles, MI under $500k presents unique growth opportunities in a small town with steady rental demand. The local rental market shows an average rental yield of 7.2%, supported by a cap rate of 6.5%. Average cash flow remains positive, reflecting affordable property prices and a renter-occupied rate near 45%. Appreciation trends are moderate, with a 3.5% annual increase reinforcing Gobles as a viable investment spot for moderate-budget investors.
7%
Avg. ROI
7.2%
Rental Yield
6.5%
Cap Rate
$450/mo
Avg. Cash Flow
$850/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
Properties under $500k in Gobles primarily include single-family homes and small multi-family units. These options provide affordable entry points for investors seeking stable rental income.
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