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 Melvin, MI
$ 199,900
ROI
25.7
Cash Flow/m
333- 4 Bed
- 1 Bath
- 1500 sft
1023 W Burns Line Rd, Melvin, MI, 48454
Fix & Flip
$ 200,000
ROI
30.4Cash Flow/m
592- 4 Bed
- 3 Bath
- 1800 sft
1181 Main St, Melvin, MI, 48454
$ 199,900
ROI
24.3Cash Flow/m
251- 3 Bed
- 2 Bath
- 1150 sft
530 Townhall Rd, Melvin, MI, 48454
$ 179,900
ROI
24.1Cash Flow/m
219- 4 Bed
- 2 Bath
- 1600 sft
1313 Main St, Melvin, MI, 48454
Why Invest in Melvin, Michigan?
Investing in Melvin, MI properties under $300K offers a unique opportunity to tap into affordable real estate with promising returns. The area features an average ROI of 7%, solid rental yields around 8%, and cap rates near 6%. Investors can benefit from stable cash flows averaging $900 monthly and a growing renter-occupied rate of 52%. Current appreciation trends show modest growth, indicating steady value increases without speculative risk.
7%
Avg. ROI
8%
Rental Yield
6%
Cap Rate
$900/mo
Avg. Cash Flow
$950/mo
Avg. Rent
2%
1Y Appreciation
Frequently Asked Questions
Typical ROI for properties under $300K in Melvin is around 7%, supported by strong rental yields and steady appreciation.
Find Your Perfect Investment Property in Melvin, Michigan
Explore investment opportunities by strategy, performance, or property type
