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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Ida, MI
$ 267,800
ROI
24.4
Cash Flow/m
344- 3 Bed
- 2 Bath
- 1424 sft
7037 Ida East Rd, Ida, MI, 48140
$ 149,900
ROI
30.4Cash Flow/m
442- 3 Bed
- 1 Bath
- 960 sft
5782 Lewis Ave, Ida, MI, 48140
$ 269,900
ROI
20.2Cash Flow/m
36- 3 Bed
- 2 Bath
- 2362 sft
8318 Westwood St, Ida, MI, 48140
$ 184,900
ROI
27.8Cash Flow/m
416- 3 Bed
- 2 Bath
- 1512 sft
8131 Oak St, Ida, MI, 48140
Why Invest in Ida, Michigan?
Investing in properties under $300k in Ida, MI offers an affordable entry point for real estate investors. This market provides an average ROI of around 7%, with a rental yield that supports steady passive income. Cap rates near 6% and cash flows averaging $800 monthly make Ida an attractive location. The area benefits from growing renter occupancy and moderate property appreciation, influenced by local economic stability and increasing demand for affordable housing.
7%
Avg. ROI
6.5%
Rental Yield
6%
Cap Rate
$800/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average ROI on such properties is approximately 7%, making it a solid option for investors seeking steady returns in a stable market.
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