Under $500K Investment Properties for Sale in Kingsford, MI
Listed for sale 7 days ago
$ 110,000
ROI
24.9
Cash Flow/m
157- 2 Bed
- 1 Bath
- 980 sft
213 Pinehurst St, Kingsford, MI, 49802
$ 169,900
ROI
23.8Cash Flow/m
190- 3 Bed
- 1 Bath
- 1040 sft
213 Hemlock St, Kingsford, MI, 49802
$ 105,900
ROI
23.9Cash Flow/m
122- 3 Bed
- 2 Bath
- 1383 sft
225 Beech St, Kingsford, MI, 49802
$ 329,900
ROI
23.1Cash Flow/m
307- 3 Bed
- 3 Bath
- 2334 sft
813 Turner Rd, Kingsford, MI, 49802
Why Invest in Kingsford, Michigan?
Investing in Kingsford, MI, with properties under $500k offers an affordable entry into a stable Midwest market. The area boasts a respectable average ROI of 7.5%, driven by strong rental yields and a cap rate around 6%. Average rents hover near $950, providing consistent cash flow around $400 per month. Appreciation rates remain steady at approximately 3.5%, supported by a renter-occupied rate of 44%. This combination creates a balanced environment for long-term real estate investment in the region.
7.5%
Avg. ROI
8.2%
Rental Yield
6%
Cap Rate
$400/mo
Avg. Cash Flow
$950/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
The average rental yield for properties under $500k in Kingsford is approximately 8.2%, reflecting stable rental demand and moderate rent prices.
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