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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K 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
$ 329,000
ROI
21.5Cash Flow/m
162- 3 Bed
- 2 Bath
- 1850 sft
9202 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
Why Invest in Goodells, Michigan?
Investing in Goodells, MI properties under $500K offers a promising opportunity in a stable market. The area features a solid average ROI of 7.5% and a rental yield of 5.1%, appealing to investors seeking steady cash flow. Cap rates hover around 6%, with average cash flow near $450 monthly. Renter occupancy remains strong at about 68%, driven by consistent local demand and affordable housing options.
7.5%
Avg. ROI
5.1%
Rental Yield
6%
Cap Rate
$450/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3.2%
1Y Appreciation
Frequently Asked Questions
The average ROI for properties under $500K in Goodells is around 7.5%, offering a competitive return for real estate investors in the area.
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