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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K 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
$ 350,000
ROI
24.4Cash Flow/m
452- 2 Bed
- 10 Bath
- 3600 sft
9896-11 Mile Rd, Mecosta, MI, 49332
Why Invest in Mecosta, Michigan?
Investing in Mecosta, MI properties under $500k offers a unique opportunity for steady rental income and moderate appreciation. The region's average ROI stands at around 7%, driven by a solid cap rate of 6% and rental yields close to 8%. Investors benefit from average cash flow of approximately $1,000 monthly and affordable average rents near $850. The renter-occupied housing market remains stable at 55%, making it attractive for long-term holdings in this Michigan locale.
7%
Avg. ROI
8%
Rental Yield
6%
Cap Rate
$1000/mo
Avg. Cash Flow
$850/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
Mecosta offers affordable property prices, steady rental demand, and healthy rental yields around 8%, providing investors with good cash flow and moderate appreciation potential.
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