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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
Fix & Flip
Listed for sale 6 days ago
$ 395,000
ROI
21.2
Cash Flow/m
155- 3 Bed
- 2 Bath
- 1258 sft
9545 E School Section Lake Dr, Mecosta, MI, 49332
$ 149,900
ROI
24.6Cash 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
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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