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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Leslie, MI
Listed for sale 4 days ago
$ 189,900
ROI
23.4
Cash Flow/m
190- 4 Bed
- 1 Bath
- 1320 sft
307 Railroad St, Leslie, MI, 49251
$ 233,000
ROI
25.7Cash Flow/m
383- 3 Bed
- 1 Bath
- 1040 sft
3238 Territorial Rd, Leslie, MI, 49251
$ 181,500
ROI
30.3Cash Flow/m
534- 2 Bed
- 1 Bath
- 936 sft
3980 N Main St, Leslie, MI, 49251
$ 340,000
ROI
26.4Cash Flow/m
629- 3 Bed
- 3 Bath
- 2808 sft
2999 Eden Rd, 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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