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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 2 days ago
$ 325,000
ROI
21.9
Cash Flow/m
191- 4 Bed
- 2 Bath
- 1846 sft
34792 Mill Lake Rd, Gobles, MI, 49055
Listed for sale 5 days ago
$ 319,900
ROI
24.8Cash Flow/m
450- 5 Bed
- 2 Bath
- 3900 sft
12090 M 40, Gobles, MI, 49055
Listed for sale 7 days ago
$ 239,900
ROI
25.2Cash Flow/m
362- 3 Bed
- 1 Bath
- 1376 sft
12223 31st St, Gobles, MI, 49055
$ 225,000
ROI
20.7Cash Flow/m
57- 3 Bed
- 2 Bath
- 1296 sft
35081 Sweet Lake Dr, 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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