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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Goodells, MI
Fix & Flip
$ 255,000
ROI
20.8
Cash Flow/m
71- 4 Bed
- 3 Bath
- 2400 sft
8237 Lambs Rd, Goodells, MI, 48027
$ 224,200
ROI
35.5Cash Flow/m
983- 3 Bed
- 2 Bath
- 1817 sft
7685 Card Rd, Goodells, MI, 48027
$ 125,000
ROI
23.8Cash Flow/m
139- 3 Bed
- 2 Bath
- 1523 sft
8542 Morris Rd, Goodells, MI, 48027
$ 224,900
ROI
20.9Cash Flow/m
72- 3 Bed
- 1 Bath
- 1664 sft
8039 Smiths Creek Rd, Goodells, MI, 48027
Why Invest in Goodells, Michigan?
Investing in Goodells, MI properties under $300k presents a unique opportunity to capitalize on the stable Michigan market. The area offers attractive rental yields averaging around 8%, with a cap rate near 6%. Average ROI stands at approximately 7%, supported by consistent appreciation rates near 3%. Additionally, rental demand remains strong with over 60% renter occupancy, making it ideal for long-term investment under this price filter.
7%
Avg. ROI
8%
Rental Yield
6%
Cap Rate
$650/mo
Avg. Cash Flow
$950/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
Properties under $300,000 in Goodells mostly include single-family homes and small multi-family units well-suited for rental investments and first-time buyers.
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