Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Hancock, MI
Currently Rented
Listed for sale today
$ 285,000
ROI
27.6
Cash Flow/m
625- 4 Bed
- 2 Bath
- 2146 sft
1401 Jasberg St, Hancock, MI, 49930
Listed for sale 2 days ago
$ 230,000
ROI
24.8Cash Flow/m
324- 3 Bed
- 2 Bath
- 1344 sft
912 3rd St, Hancock, MI, 49930
$ 274,900
ROI
23.3Cash Flow/m
268- 3 Bed
- 2 Bath
- 1425 sft
50802 N Mesnard Location Rd, Hancock, MI, 49930
$ 130,000
ROI
24.5Cash Flow/m
170- 2 Bed
- 2 Bath
- 2032 sft
20904 E 2nd St, Hancock, MI, 49930
Why Invest in Hancock, Michigan?
Investing in Hancock, MI properties under $300k offers a unique opportunity to tap into a market with solid rental yields and steady appreciation. This city presents an average ROI of 7%, supported by a rental yield of 8% and a cap rate of 6%. Investors can expect average cash flow of around $350 monthly, driven by an average rent of $850. Renter-occupied units dominate, making rental investments viable in this affordable market.
7%
Avg. ROI
8%
Rental Yield
6%
Cap Rate
$350/mo
Avg. Cash Flow
$850/mo
Avg. Rent
2%
1Y Appreciation
Frequently Asked Questions
The average ROI for these properties is around 7%, reflecting solid performance driven by rental income and appreciation.
Find Your Perfect Investment Property in Hancock, Michigan
Explore investment opportunities by strategy, performance, or property type
