Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Ionia, MI
Listed for sale 2 days ago
$ 374,900
ROI
24.8
Cash Flow/m
522- 3 Bed
- 3 Bath
- 2488 sft
2713 Hillcrest Dr, Ionia, MI, 48846
$ 332,500
ROI
21.8Cash Flow/m
193- 3 Bed
- 2 Bath
- 2470 sft
2604 Marquette Rd, IONIA, MI, 48846
Listed for sale 3 days ago
$ 200,000
ROI
21.7Cash Flow/m
106- 2 Bed
- 2 Bath
- 1200 sft
84 Dildine Rd, Ionia, MI, 48846
$ 195,000
ROI
23.9Cash Flow/m
225- 3 Bed
- 2 Bath
- 1176 sft
442 E Jones St, Ionia, MI, 48846
Why Invest in Ionia, Michigan?
Investing in Ionia, MI properties under 500k offers a balanced opportunity with stable rental yields averaging around 7%. The area's cap rates hold steady near 8%, making it attractive for steady cash flow. Appreciation rates have been modest at about 3% annually, supported by a renter-occupied rate close to 60%. These metrics indicate a promising environment for real estate investors focusing on affordability and growth potential.
7%
Avg. ROI
6.8%
Rental Yield
7.9%
Cap Rate
$550/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
Most properties under 500k in Ionia include single-family homes and small multifamily units. These options are attractive for investors seeking affordable entry points into a growing rental market.
Find Your Perfect Investment Property in Ionia, Michigan
Explore investment opportunities by strategy, performance, or property type
