Under $500K Investment Properties for Sale in Jones, MI
$ 239,900
ROI
25.2
Cash Flow/m
364- 4 Bed
- 2 Bath
- 1632 sft
12413 M 60, Jones, MI, 49061
Fix & Flip
$ 150,000
ROI
23.0Cash Flow/m
137- 4 Bed
- 1 Bath
- 1502 sft
66839 Carter Lake Dr, Jones, MI, 49061
$ 185,000
ROI
24.6Cash Flow/m
248- 5 Bed
- 1 Bath
- 1770 sft
11008 Bair Lake St, Jones, MI, 49061
Airbnb Potential
$ 269,000
ROI
30.3Cash Flow/m
792- 2 Bed
- 1 Bath
- 616 sft
12375 Bair Lake St, 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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