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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
$ 269,000
ROI
21.7
Cash Flow/m
147- 3 Bed
- 2 Bath
- 1456 sft
9433-8 Mile Rd, Mecosta, MI, 49332
$ 240,000
ROI
20.8Cash Flow/m
69- 3 Bed
- 1 Bath
- 1056 sft
9848 90th Ave, Mecosta, MI, 49332
$ 179,900
ROI
26.7Cash Flow/m
346- 2 Bed
- 1 Bath
- 1026 sft
8660 Wood St, Mecosta, MI, 49332
$ 224,900
ROI
31.3Cash Flow/m
725- 2 Bed
- 1 Bath
- 2351 sft
8153-11 Mile Rd, 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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