Investment Properties Under $300K in Herron, MI | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Under $300K Investment Properties for Sale in Herron, MI

Property at 10828 Carney Rd, Herron, MI
Listed for sale 7 days ago
$ 170,000
ROI
24.5ROI percentage
Cash Flow/m
Dollar sign222
  • 3 Bed
  • 1 Bath
  • 2640 sft
10828 Carney Rd, Herron, MI, 49744
Property at 3442 S Herron Rd, Herron, MI
$ 209,900
ROI
20.2ROI percentage
Cash Flow/m
Dollar sign26
  • 4 Bed
  • 3 Bath
  • 1899 sft
3442 S Herron Rd, Herron, MI, 49744
Property at 10466 Goodrich Rd, Herron, MI
$ 129,000
ROI
38.2ROI percentage
Cash Flow/m
Dollar sign661
  • - Bed
  • - Bath
  • - sft
10466 Goodrich Rd, Herron, MI, 49744
Property at 0VL Nappers Rd, Herron, MI
$ 174,900
ROI
32.1ROI percentage
Cash Flow/m
Dollar sign601
  • - Bed
  • - Bath
  • - sft
0VL Nappers Rd, Herron, MI, 49744

Why Invest in Herron, Michigan?

Investing in Herron, MI properties under $300k offers an excellent opportunity to tap into Michigan's stable real estate market. This price range attracts a diverse tenant pool, supporting solid rental yields averaging around 7%. Investors benefit from average cash flow near $800 and a cap rate of approximately 6%. Herron’s real estate has shown steady appreciation near 3% annually, with about 65% renter occupancy, making it a balanced choice for portfolio growth.

8%
Avg. ROI
7%
Rental Yield
6%
Cap Rate
$800/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3%
1Y Appreciation

Frequently Asked Questions

Properties under $300k in Herron typically yield around 7% in rental income annually, making them attractive for investors seeking steady cash flow.

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