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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Gowen, MI
Listed for sale 1 day ago
$ 279,900
ROI
26.5
Cash Flow/m
522- 4 Bed
- 2 Bath
- 1559 sft
15441 Meddler Ave, Gowen, MI, 49326
$ 249,900
ROI
30.4Cash Flow/m
738- 3 Bed
- 2 Bath
- 1848 sft
13131 Pinewood St NE, Gowen, MI, 49326
$ 229,900
ROI
20.3Cash Flow/m
32- 4 Bed
- 3 Bath
- 2240 sft
14855 Larsen Ave, Gowen, MI, 49326
$ 219,900
ROI
23.8Cash Flow/m
248- 2 Bed
- 2 Bath
- 1092 sft
10037 W Colby Rd, 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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