Under $500K 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
$ 350,000
ROI
25.5Cash Flow/m
564- 4 Bed
- 2 Bath
- 2337 sft
25180 Chaty Ln, Gobles, MI, 49055
$ 279,000
ROI
20.1Cash Flow/m
29- 3 Bed
- 2 Bath
- 1311 sft
304 Orchard Ct, 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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