Under $500K Investment Properties for Sale in Gowen, MI
Listed for sale 4 days ago
$ 319,900
ROI
22.6
Cash Flow/m
250- 3 Bed
- 2 Bath
- 936 sft
10691 W Dickerson Lake Rd, Gowen, MI, 49326
$ 249,900
ROI
21.5Cash 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
Why Invest in Gowen, Michigan?
Investing in Gowen, MI, especially properties under $500k, offers a balanced opportunity for new and seasoned investors. The area shows an average ROI of 7.2% with solid rental yields around 6.5%. Cap rates hold steady near 6%, reflecting good cash flow potential, with average monthly rents approximately $1,100. Appreciation rates have been moderate at 3%, suited for long-term holding strategies. Renter occupancy remains high, supporting stable income streams in this market segment.
7.2%
Avg. ROI
6.5%
Rental Yield
6%
Cap Rate
$350/mo
Avg. Cash Flow
$1100/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
Properties under $500k in Gowen typically yield an average ROI around 7.2%, making them attractive for steady rental income and potential appreciation.
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