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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Mecosta, MI
$ 149,900
ROI
24.6
Cash Flow/m
201- 2 Bed
- 1 Bath
- 864 sft
9841 River Rd, Mecosta, MI, 49332
Fix & Flip
$ 125,000
ROI
23.5Cash Flow/m
132- 3 Bed
- 1 Bath
- 1732 sft
254 N Penn St, Mecosta, MI, 49332
$ 168,500
ROI
30.4Cash Flow/m
500- 2 Bed
- 1 Bath
- 1056 sft
260 Gilbert St, Mecosta, MI, 49332
$ 220,000
ROI
21.9Cash Flow/m
131- 2 Bed
- 1 Bath
- 633 sft
11592 80th Ave, Mecosta, MI, 49332
Why Invest in Mecosta, Michigan?
Investing in Mecosta, MI under $300k offers a unique opportunity to tap into a growing market with affordable entry points. With an average rental yield of 7.8% and a cap rate around 6.5%, investors benefit from steady cash flow and promising appreciation. The area’s avg ROI stands at 8.5%, supported by a strong renter-occupied rate of 52%. Average rent remains reasonable at $850, making this location attractive for long-term residential rentals.
8.5%
Avg. ROI
7.8%
Rental Yield
6.5%
Cap Rate
$550/mo
Avg. Cash Flow
$850/mo
Avg. Rent
3.2%
1Y Appreciation
Frequently Asked Questions
Under $300k in Mecosta, investors can find single-family homes, small multi-family units, and condos. These properties are popular among first-time investors seeking affordable rental opportunities.
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