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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Harrisville, MI
Listed for sale 4 days ago
$ 190,000
ROI
23.8
Cash Flow/m
215- 3 Bed
- 3 Bath
- 1272 sft
200 N 1st St, Harrisville, MI, 48740
Listed for sale 6 days ago
$ 249,900
ROI
22.3Cash Flow/m
180- 3 Bed
- 2 Bath
- 1370 sft
2731 N Lakeshore Dr, Harrisville, MI, 48740
$ 215,000
ROI
26.9Cash Flow/m
424- 3 Bed
- 2 Bath
- 1674 sft
5869 E Point Rd, Harrisville, MI, 48740
$ 400,000
ROI
28.6Cash Flow/m
985- 3 Bed
- 3 Bath
- 2589 sft
5200 E Springport Rd, Harrisville, MI, 48740
Why Invest in Harrisville, Michigan?
Investing in Harrisville, MI properties priced under $500k offers a great opportunity for steady returns in a growing market. This area features an average ROI of 7%, with a rental yield of 6% and a capitalization rate near 5%. The average rent is approximately $900 per month, supporting solid cash flow potential. Appreciation rates have been moderate at around 3% annually, and renter occupancy remains strong above 90%. These metrics make Harrisville a compelling choice for real estate investors looking for affordable entry points.
7%
Avg. ROI
6%
Rental Yield
5%
Cap Rate
$350/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
Properties under $500k in Harrisville typically yield an average ROI of around 7%, supported by steady rental demand and income growth.
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