Under $500K Investment Properties for Sale in Grandville, MI
Listed for sale 2 days ago
$ 329,900
ROI
31.3
Cash Flow/m
1058- 3 Bed
- 2 Bath
- 1534 sft
23 Tyler St SW, Grandville, MI, 49418
Listed for sale 5 days ago
$ 349,900
ROI
20.2Cash Flow/m
46- 4 Bed
- 2 Bath
- 1850 sft
3318 Earle Ave SW, Grandville, MI, 49418
Listed for sale 6 days ago
$ 449,000
ROI
28.0Cash Flow/m
1030- 4 Bed
- 3 Bath
- 2656 sft
3931 Omaha St SW, Grandville, MI, 49418
Listed for sale 7 days ago
$ 415,000
ROI
22.0Cash Flow/m
263- 3 Bed
- 2 Bath
- 2500 sft
3348 Tomahawk 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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