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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Grandville, MI
Rental Income
Listed for sale 6 days ago
$ 300,000
ROI
20.4
Cash Flow/m
51- 3 Bed
- 2 Bath
- 1620 sft
2890 Vermont Ave SW, Grandville, MI, 49418
Listed for sale 7 days ago
$ 329,900
ROI
25.8Cash Flow/m
552- 3 Bed
- 2 Bath
- 2811 sft
3121 Higgins Ave SW, Grandville, MI, 49418
$ 234,900
ROI
25.2Cash Flow/m
353- 2 Bed
- 2 Bath
- 1066 sft
4881 Rapid River Ave SW #Sw, Grandville, MI, 49418
$ 319,900
ROI
24.6Cash Flow/m
430- 3 Bed
- 3 Bath
- 2310 sft
4231 Redbush Dr SW, Grandville, MI, 49418
Why Invest in Grandville, Michigan?
Investing in Grandville, MI properties under $500k offers a strategic entry point into a stable Midwest market. The area features a solid average ROI of 7.2% and a rental yield of 8.5%, supported by steady appreciation near 3.5% annually. The average rent remains affordable at around $1,200, helping maintain high renter occupancy rates near 90%. Cap rates hover around 6.5%, ensuring attractive cash flow for investors focusing on moderate budget properties.
7.2%
Avg. ROI
8.5%
Rental Yield
6.5%
Cap Rate
$850/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
Properties under $500k in Grandville typically include single-family homes, small multifamily units, and some townhouses. These options provide solid rental income potential with manageable initial investment.
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