Under $300K Investment Properties for Sale in Harsens Island, MI
23- 2 Bed
- 2 Bath
- 1235 sft
126- - Bed
- - Bath
- - sft
242- 3 Bed
- 2 Bath
- 2390 sft
225- 2 Bed
- 1 Bath
- 700 sft
Why Invest in Harsens Island, Michigan?
Investing in real estate on Harsens Island, MI under $300k offers unique opportunities for affordable entry into a serene lakeside community. This filter highlights properties with an average ROI of 7%, while local rental yields hover around 6%, supported by a stable renter occupancy rate of 68%. The cap rate averages about 5.5%, providing a balanced investment prospect. With a steady average cash flow near $550 monthly and appreciation around 3.2%, investors can expect growth and income in this niche market.
Frequently Asked Questions
Properties under $300k on Harsens Island typically include small single-family homes, condos, and cottages suited for vacation or year-round living. These options cater to investors seeking affordable entry-level real estate in a lakeside community.
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