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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Greenville, MI
Listed for sale 3 days ago
$ 240,000
ROI
26.5
Cash Flow/m
450- 5 Bed
- 2 Bath
- 2282 sft
3304 S Greenville Rd, Greenville, MI, 48838
Listed for sale 6 days ago
$ 159,900
ROI
28.8Cash Flow/m
404- 2 Bed
- 1 Bath
- 1032 sft
1007 E Kent Rd, Greenville, MI, 48838
Listed for sale 6 days ago
$ 250,000
ROI
23.5Cash Flow/m
263- 3 Bed
- 2 Bath
- 1488 sft
935 S Baldwin St, Greenville, MI, 48838
$ 235,000
ROI
29.7Cash Flow/m
647- 3 Bed
- 2 Bath
- 1803 sft
301 N Smith St, 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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