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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Grass Lake, MI
$ 129,900
ROI
23.1
Cash Flow/m
120- 3 Bed
- 2 Bath
- 1836 sft
1559 Larkmore Ln, Grass Lake, MI, 49240
$ 229,900
ROI
20.5Cash Flow/m
49- 2 Bed
- 1 Bath
- 1747 sft
10213 Rexford Rd, Grass Lake, MI, 49240
$ 235,000
ROI
22.6Cash Flow/m
187- 4 Bed
- 2 Bath
- 1874 sft
360 Clark St, Grass Lake, MI, 49240
Fix & Flip
$ 239,000
ROI
26.0Cash Flow/m
416- 3 Bed
- 3 Bath
- 2048 sft
12974 Bohne Rd, Grass Lake, MI, 49240
Why Invest in Grass Lake, Michigan?
Investing in real estate under $300K in Grass Lake, MI offers a strategic entry point for investors targeting affordable properties with solid returns. This segment benefits from a balanced rental yield of around 8% and an average ROI close to 7%. Cap rates remain attractive near 6%, combined with steady property appreciation of approximately 3% annually. With rental demand supported by 60% renter occupancy, investors can expect consistent cash flow opportunities in this market.
7%
Avg. ROI
8%
Rental Yield
6%
Cap Rate
$800/mo
Avg. Cash Flow
$950/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
Properties under $300K commonly include single-family homes, townhouses, and smaller multifamily units. These options attract both first-time investors and local residents.
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