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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Leonard, MI
Fix & Flip
$ 157,000
ROI
24.0
Cash Flow/m
184- 2 Bed
- 1 Bath
- 776 sft
1721 Moffat, Leonard, MI, 48367
$ 299,900
ROI
30.0Cash Flow/m
858- 4 Bed
- 2 Bath
- 1546 sft
4380 Baza St, Leonard, MI, 48367
$ 275,000
ROI
27.8Cash Flow/m
617- 3 Bed
- 1 Bath
- 1875 sft
88 E Elmwood Ave, Leonard, MI, 48367
$ 200,000
ROI
30.6Cash Flow/m
605- 2 Bed
- 1 Bath
- 902 sft
4201 Forest St, Leonard, MI, 48367
Why Invest in Leonard, Michigan?
Investing in Leonard, MI properties under $300K offers a prime opportunity to enter a stable market with solid fundamentals. The area's average ROI of 7.5% and cap rate of 6.0% reflect strong potential cash flow, while rental yields around 9% support income generation. Leonard benefits from a renter-occupied rate of 45%, indicating steady demand. Modest appreciation rates of 2.2% reinforce long-term value growth prospects for investors focusing on affordable real estate.
7.5%
Avg. ROI
9%
Rental Yield
6%
Cap Rate
$1250/mo
Avg. Cash Flow
$950/mo
Avg. Rent
2.2%
1Y Appreciation
Frequently Asked Questions
Properties under $300K in Leonard typically include single-family homes and small multi-family units ideal for rental investment. Many are located in stable neighborhoods with growing rental demand.
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