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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Jones, MI

Listed for sale 4 days ago
$ 249,500
ROI
20.6
Cash Flow/m
62- 3 Bed
- 2 Bath
- 1456 sft
12425 M 60, Jones, MI, 49061

$ 134,900
ROI
24.7
Cash Flow/m
185- 2 Bed
- 1 Bath
- 780 sft
60800 Lilly Lake Dr, Jones, MI, 49061

$ 140,000
ROI
21.4
Cash Flow/m
64- 2 Bed
- 1 Bath
- 486 sft
12377 Bair Lake St Lot 4, Jones, MI, 49061

$ 306,000
ROI
20.4
Cash Flow/m
57- 4 Bed
- 2 Bath
- 2424 sft
64554 M 40, Jones, MI, 49061
Why Invest in Jones, Michigan?
Investing in Jones, MI offers attractive opportunities under $500k with solid cash flow and competitive cap rates. The local market features an average ROI of 7%, rental yields around 8%, and steady appreciation near 3% annually. Rental demand remains high with approximately 60% renter occupancy, making it a favorable market for real estate investors looking for affordable entry points. These metrics underscore the value of Jones for diversifying investment portfolios in Michigan.
7%
Avg. ROI
8%
Rental Yield
6.5%
Cap Rate
$1200/mo
Avg. Cash Flow
$1100/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
Properties under $500k in Jones include single-family homes, townhouses, and smaller multifamily units, offering diverse options for investors at affordable prices.
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