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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
Fix & Flip
$ 180,000
ROI
24.7
Cash Flow/m
249- 3 Bed
- 1 Bath
- 1144 sft
12517 Lansing Ave, Leslie, MI, 49251
$ 265,000
ROI
27.5Cash Flow/m
570- 3 Bed
- 2 Bath
- 1907 sft
5100 Churchill Rd, Leslie, MI, 49251
$ 207,500
ROI
21.0Cash Flow/m
74- 3 Bed
- 2 Bath
- 1824 sft
109 S Sherman St, Leslie, MI, 49251
$ 250,000
ROI
20.9Cash Flow/m
82- 3 Bed
- 1 Bath
- 1463 sft
2348 Ives 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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