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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Grand Ledge, MI
Listed for sale 2 days ago
$ 279,900
ROI
28.0
Cash Flow/m
645- 3 Bed
- 2 Bath
- 1514 sft
12688 Dundee Dr, Grand Ledge, MI, 48837
Listed for sale 3 days ago
$ 260,000
ROI
28.9Cash Flow/m
661- 4 Bed
- 2 Bath
- 1536 sft
826 Jones St, Grand Ledge, MI, 48837
Listed for sale 4 days ago
$ 205,000
ROI
20.3Cash Flow/m
33- 2 Bed
- 2 Bath
- 1440 sft
1118 Timbercreek Dr APT 8, Grand Ledge, MI, 48837
Listed for sale 5 days ago
$ 260,000
ROI
27.3Cash Flow/m
546- 3 Bed
- 2 Bath
- 1205 sft
9595 W Grand River Hwy, Grand Ledge, MI, 48837
Why Invest in Grand Ledge, Michigan?
Investing in Grand Ledge, MI properties under $300k offers a unique opportunity to capitalize on a growing rental market with an average ROI of 7%. The city presents solid rental yields around 8% and a cap rate near 6%, making it favorable for investors seeking stable cash flow. With an average cash flow of $150 monthly and steady appreciation at 3% annually, properties here remain affordable yet profitable. The community features a renter-occupied rate of 40%, reflecting balanced demand and supply.
7%
Avg. ROI
8%
Rental Yield
6%
Cap Rate
$150/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
You can find single-family homes, townhouses, and some condos under $300k in Grand Ledge, many suitable for rental investment with attractive yields.
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