Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Manistee, MI
Airbnb Potential
Listed for sale 3 days ago
$ 274,900
ROI
24.1
Cash Flow/m
335- 3 Bed
- 2 Bath
- 1142 sft
5513 Caberfae Hwy, Manistee, MI, 49660
$ 249,000
ROI
28.4Cash Flow/m
598- 3 Bed
- 3 Bath
- 1603 sft
531 Fairview Ave, Manistee, MI, 49660
$ 249,900
ROI
20.3Cash Flow/m
34- 3 Bed
- 2 Bath
- 1212 sft
227 Hughes St, Manistee, MI, 49660
$ 100,000
ROI
24.3Cash Flow/m
128- 3 Bed
- 2 Bath
- 1600 sft
157 Harrison St, Manistee, MI, 49660
Why Invest in Manistee, Michigan?
Investing in Manistee, MI properties under $300k offers a unique opportunity to tap into the area's stable rental market and steady appreciation rates. With an average ROI of 7.2% and rental yields around 8.5%, investors can benefit from positive cash flow metrics averaging $350 per month. Manistee's cap rates remain attractive at 6.8%, supported by a renter-occupied rate of 53%. The local economy and growing tourism bolster demand for affordable housing investments.
7.2%
Avg. ROI
8.5%
Rental Yield
6.8%
Cap Rate
$350/mo
Avg. Cash Flow
$900/mo
Avg. Rent
2.4%
1Y Appreciation
Frequently Asked Questions
The average rental yield for properties under $300k in Manistee is approximately 8.5%, providing strong income potential for investors.
Find Your Perfect Investment Property in Manistee, Michigan
Explore investment opportunities by strategy, performance, or property type
