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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Hersey, MI
Listed for sale 3 days ago
$ 239,900
ROI
26.6
Cash Flow/m
458- 3 Bed
- 2 Bath
- 1620 sft
18720 Stonehouse Rd, Hersey, MI, 49639
Airbnb Potential
Listed for sale 4 days ago
$ 225,000
ROI
20.0Cash Flow/m
15- 2 Bed
- 1 Bath
- 1060 sft
17065 Old Logging Rd, Hersey, MI, 49639
Fix & Flip
$ 167,500
ROI
23.4Cash Flow/m
171- 3 Bed
- 1 Bath
- 1600 sft
959 165th Ave, Hersey, MI, 49639
$ 250,000
ROI
19.8Cash Flow/m
4- 2 Bed
- 2 Bath
- 1300 sft
15176 Rapids Dr, Hersey, MI, 49639
Why Invest in Hersey, Michigan?
Investing in Hersey, MI under $300k offers attractive opportunities for real estate investors seeking affordable properties with solid returns. The local market shows an average ROI of 7.2%, supported by a rental yield of 6.5% and a cap rate of 5.8%. Average cash flow remains positive at $150 per month, while appreciation trends around 3.2% annually. Renter occupancy is stable at 68%, reflecting consistent demand in this small Michigan city.
7.2%
Avg. ROI
6.5%
Rental Yield
5.8%
Cap Rate
$150/mo
Avg. Cash Flow
$850/mo
Avg. Rent
3.2%
1Y Appreciation
Frequently Asked Questions
Properties under $300k in Hersey typically include single-family homes, smaller multi-family units, and some townhouses, ideal for first-time investors and those seeking affordable rental income opportunities.
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