Under $300K Investment Properties for Sale in Gowen, MI
$ 249,900
ROI
21.5
Cash Flow/m
124- 3 Bed
- 2 Bath
- 980 sft
15725 Grey Goose Dr, Gowen, MI, 49326
Airbnb Potential
$ 169,000
ROI
23.9Cash Flow/m
193- 2 Bed
- 1 Bath
- 840 sft
15700 Grey Goose Dr NE, Gowen, MI, 49326
$ 269,900
ROI
27.8Cash Flow/m
602- 3 Bed
- 2 Bath
- 1040 sft
13113 Pinewood St NE, Gowen, MI, 49326
$ 249,900
ROI
20.6Cash Flow/m
60- 2 Bed
- 2 Bath
- 703 sft
16215 Bass Lake Ave NE, Gowen, MI, 49326
Why Invest in Gowen, Michigan?
Investing in Gowen, MI under $300k presents a unique opportunity for affordable real estate investment with promising returns. This market offers an avg ROI of around 7%, a steady rental yield near 6%, and a cap rate of about 6.5%, supported by average rents around $900 per month. The area sees an average cash flow of approximately $200 monthly, making it attractive for investors seeking stable income. Renter occupancy remains strong at nearly 65%, indicating healthy demand.
7%
Avg. ROI
6%
Rental Yield
6.5%
Cap Rate
$200/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield for properties under $300k in Gowen is approximately 6%. This reflects a steady rental market balanced with affordable purchase prices.
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