Under $300K Investment Properties for Sale in Greenville, MI

Listed for sale 6 days ago
$ 219,900
ROI
30.8
Cash Flow/m
675- 4 Bed
- 1 Bath
- 1532 sft
312 N Smith St, Greenville, MI, 48838

Listed for sale 7 days ago
$ 235,000
ROI
20.0
Cash Flow/m
17- 3 Bed
- 3 Bath
- 1826 sft
500 W Grove St, Greenville, MI, 48838

$ 240,000
ROI
28.5
Cash Flow/m
585- 4 Bed
- 2 Bath
- 1745 sft
410 E Coffren St, Greenville, MI, 48838

$ 109,000
ROI
24.8
Cash Flow/m
154- - Bed
- - Bath
- 360 sft
7573 County Farm Rd, Greenville, MI, 48838
Why Invest in Greenville, Michigan?
Investing in Greenville, MI, especially properties under $300k, offers a unique opportunity for strong rental yields and stable cash flow. The city's average ROI stands at 8%, supported by a cap rate of 6.5% and rental yields around 7%. Greenville's average rent of $900 aligns with a rental market catered to working professionals and families, with renter occupancy rates near 52%. Moderate property appreciation of 3.5% indicates steady market growth suitable for long-term investors.
8%
Avg. ROI
7%
Rental Yield
6.5%
Cap Rate
$500/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
The average rental yield for properties under $300k in Greenville is approximately 7%, making it a viable option for investors seeking steady rental income.
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