Under $500K Investment Properties for Sale in Leslie, MI
Listed for sale 6 days ago
$ 197,000
ROI
23.5
Cash Flow/m
208- 5 Bed
- 3 Bath
- 1682 sft
411 Mill St, Leslie, MI, 49251
$ 240,000
ROI
29.0Cash Flow/m
615- 3 Bed
- 1 Bath
- 1364 sft
4751 Nims Rd, Leslie, MI, 49251
$ 399,000
ROI
20.8Cash Flow/m
118- 3 Bed
- 3 Bath
- 1884 sft
4924 S Main St, Leslie, MI, 49251
$ 139,900
ROI
23.7Cash Flow/m
154- 3 Bed
- 2 Bath
- 1568 sft
Traditions 5628-550 Plan, Leslie Estates, Leslie, MI, 49251
Why Invest in Leslie, Michigan?
Investing in Leslie, MI under $500k offers a solid entry into a growing real estate market. This price range attracts a diverse group of renters and homeowners, enhancing demand and rental yields. Leslie features an average ROI of 7.1%, with cap rates around 6.5% reflecting profitable opportunities. The rental yield is approximately 5.0%, alongside a steady appreciation rate of 3.5%. Average cash flow is positive, with typical rents near $950, making it attractive for investors seeking stable returns.
7.1%
Avg. ROI
5%
Rental Yield
6.5%
Cap Rate
$250/mo
Avg. Cash Flow
$950/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
The average ROI for properties under $500k in Leslie is about 7.1%, reflecting strong potential for steady income and appreciation.
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