Under $300K Investment Properties for Sale in Leslie, MI

Investing in Leslie, MI, with properties under $300k offers a promising opportunity for steady rental income and long-term appreciation. This market presents a cap rate of around 6.5%, an average rental yield of 7.5%, and positive cash flow potential. Rental demand remains solid with over 50% renter occupancy. Appreciation rates near 3.0% indicate a healthy growth trajectory, ideal for investors focusing on affordable entry points. These metrics align with the city's stable economy and moderate growth prospects, making it a strategic choice for real estate investment within the Michigan market.