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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Hermansville, MI
$ 134,400
ROI
55.8
Cash Flow/m
1348- 4 Bed
- 2 Bath
- 1824 sft
N15780 Grondine Ln, Hermansville, MI, 49847
$ 139,000
ROI
24.4Cash Flow/m
179- 4 Bed
- 2 Bath
- 1724 sft
N16526 Oak St, Hermansville, MI, 49847
$ 170,000
ROI
29.1Cash Flow/m
441- 3 Bed
- 1 Bath
- 1232 sft
W5956 Us Highway 2, Hermansville, MI, 49847
$ 194,900
ROI
24.8Cash Flow/m
275- 3 Bed
- 1 Bath
- 1232 sft
5956 W Us Hwy #2, Hermansville, MI, 49847
Why Invest in Hermansville, Michigan?
Investing in Hermansville, MI under $500k provides affordable entry into Michigan's real estate market with promising returns. The area demonstrates an average ROI of around 7%, rental yields of nearly 9%, and cap rates about 6.5%. Average rent is approximately $950, supporting steady cash flow averaging $700 monthly. Appreciation remains moderate at 3% annually, with a strong renter occupancy near 65%, making it favorable for investors seeking balanced growth and income.
7%
Avg. ROI
9%
Rental Yield
6.5%
Cap Rate
$700/mo
Avg. Cash Flow
$950/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
Properties under $500k in Hermansville mostly consist of single-family homes and small multifamily units, offering good opportunities for rental investment.
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