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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 3 days ago
$ 199,900
ROI
23.3
Cash Flow/m
198- 3 Bed
- 2 Bath
- 1286 sft
917 Brookside Dr APT 174, Grand Ledge, MI, 48837
Listed for sale 5 days ago
$ 234,900
ROI
22.4Cash Flow/m
174- 2 Bed
- 1 Bath
- 1304 sft
605 Edwards St, Grand Ledge, MI, 48837
Listed for sale 7 days ago
$ 239,900
ROI
27.9Cash Flow/m
544- 4 Bed
- 2 Bath
- 1570 sft
716 W Jefferson St, Grand Ledge, MI, 48837
$ 199,900
ROI
24.7Cash Flow/m
276- 2 Bed
- 2 Bath
- 1392 sft
206 E Scott St, 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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