Investment Properties Under $300K in Merritt, MI | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Under $300K Investment Properties for Sale in Merritt, MI

Property at 250 S Merritt Rd, Merritt, MI
$ 174,900
ROI
24.3ROI percentage
Cash Flow/m
Dollar sign223
  • 2 Bed
  • 2 Bath
  • 1408 sft
250 S Merritt Rd, Merritt, MI, 49667
Property at 5626 S Jeffs Rd APT B, Merritt, MI
$ 189,900
ROI
24.9ROI percentage
Cash Flow/m
Dollar sign272
  • 3 Bed
  • 2 Bath
  • 1992 sft
5626 S Jeffs Rd APT B, Merritt, MI, 49667
Property at 4174 N Dorr Rd, Merritt, MI
$ 150,000
ROI
24.4ROI percentage
Cash Flow/m
Dollar sign192
  • 3 Bed
  • 1 Bath
  • 1200 sft
4174 N Dorr Rd, Merritt, MI, 49667
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Here are some other similar properties you might be interested in:
Property at 11776 Rossiter St, Detroit, MI
Currently Rented
Rental Income
Listed for sale 2 days ago
$ 100,000
ROI
24.7ROI percentage
Cash Flow/m
Dollar sign139
  • 3 Bed
  • 1 Bath
  • 964 sft
11776 Rossiter St, Detroit, MI, 48224
Property at 130 S 4th St, Manistique, MI
Listed for sale 6 days ago
$ 100,000
ROI
23.9ROI percentage
Cash Flow/m
Dollar sign116
  • 3 Bed
  • 1 Bath
  • 854 sft
130 S 4th St, Manistique, MI, 49854
Property at 7704 Pine Creek Rd, Manistee, MI
Listed for sale 5 days ago
$ 100,000
ROI
23.4ROI percentage
Cash Flow/m
Dollar sign102
  • 2 Bed
  • 1 Bath
  • 1042 sft
7704 Pine Creek Rd, Manistee, MI, 49660
Property at 4233 N Pheasant Rd, Lincoln, MI
Fix & Flip
Listed for sale 5 days ago
$ 100,000
ROI
16.6ROI percentage
Gross Rent Yield
9.5Gross yield percentage
  • 3 Bed
  • 2 Bath
  • 1400 sft
4233 N Pheasant Rd, Lincoln, MI, 48742
Property at 203 Mifflin Ave, Lansing, MI
Listed for sale 6 days ago
$ 100,000
ROI
50.3ROI percentage
Cash Flow/m
Dollar sign849
  • 3 Bed
  • 2 Bath
  • 1380 sft
203 Mifflin Ave, Lansing, MI, 48912
Property at 1715 Maple Rdg APT 4, Haslett, MI
Listed for sale 7 days ago
$ 100,000
ROI
14.4ROI percentage
Gross Rent Yield
9.4Gross yield percentage
  • 1 Bed
  • 1 Bath
  • 621 sft
1715 Maple Rdg APT 4, Haslett, MI, 48840
Property at 3611 Butternut Dr Lot 177, Holland, MI
$ 100,000
ROI
52.1ROI percentage
Cash Flow/m
Dollar sign901
  • 3 Bed
  • 2 Bath
  • 1216 sft
3611 Butternut Dr Lot 177, Holland, MI, 49424
Property at 3527 Kent Ave, Kalamazoo, MI
$ 100,000
ROI
46.7ROI percentage
Cash Flow/m
Dollar sign751
  • 2 Bed
  • 1 Bath
  • 1132 sft
3527 Kent Ave, Kalamazoo, MI, 49008
Property at 31 Mathews Ct NE, Grand Rapids, MI
Fix & Flip
$ 100,000
ROI
42.7ROI percentage
Cash Flow/m
Dollar sign638
  • 3 Bed
  • 1 Bath
  • 1320 sft
31 Mathews Ct NE, Grand Rapids, MI, 49505
Property at 301 S Cherry St, Kalkaska, MI
Fix & Flip
$ 100,000
ROI
23.2ROI percentage
Cash Flow/m
Dollar sign96
  • 5 Bed
  • 2 Bath
  • 2300 sft
301 S Cherry St, Kalkaska, MI, 49646
Property at 101 Millburg Dr, Benton Harbor, MI
$ 100,000
ROI
24.6ROI percentage
Cash Flow/m
Dollar sign135
  • - Bed
  • 1 Bath
  • 628 sft
101 Millburg Dr, Benton Harbor, MI, 49022
Property at 124 Stanton Ave, Mohawk, MI
$ 100,000
ROI
24.4ROI percentage
Cash Flow/m
Dollar sign129
  • 2 Bed
  • 1 Bath
  • 820 sft
124 Stanton Ave, Mohawk, MI, 49950
Property at 7625 Marwede Rd, Alpena, MI
$ 100,000
ROI
24.0ROI percentage
Cash Flow/m
Dollar sign119
  • 1 Bed
  • 1 Bath
  • 780 sft
7625 Marwede Rd, Alpena, MI, 49707
Property at 2271 Birch Dr, Sears, MI
$ 100,000
ROI
23.7ROI percentage
Cash Flow/m
Dollar sign110
  • 1 Bed
  • 1 Bath
  • 360 sft
2271 Birch Dr, Sears, MI, 49679
Property at 903 S Mason St, Saginaw, MI
Currently Rented
$ 100,000
ROI
36.7ROI percentage
Cash Flow/m
Dollar sign471
  • 5 Bed
  • 2 Bath
  • 1926 sft
903 S Mason St, Saginaw, MI, 48602
Property at 58655 Penn Rd, Cassopolis, MI
Fix & Flip
Motivated Seller
$ 100,000
ROI
23.5ROI percentage
Cash Flow/m
Dollar sign106
  • 3 Bed
  • 1 Bath
  • 1278 sft
58655 Penn Rd, Cassopolis, MI, 49031
Property at 181 S Marshall St, Pontiac, MI
$ 100,000
ROI
46.8ROI percentage
Cash Flow/m
Dollar sign753
  • 3 Bed
  • 2 Bath
  • 737 sft
181 S Marshall St, Pontiac, MI, 48342
Property at 321 S Main St, Bellevue, MI
$ 100,000
ROI
48.8ROI percentage
Cash Flow/m
Dollar sign808
  • 3 Bed
  • 2 Bath
  • 2185 sft
321 S Main St, Bellevue, MI, 49021
Property at 4511 Waldorf Rd, Delton, MI
Fix & Flip
$ 100,000
ROI
23.1ROI percentage
Cash Flow/m
Dollar sign93
  • 2 Bed
  • 1 Bath
  • 867 sft
4511 Waldorf Rd, Delton, MI, 49046
Property at 21640 Jacksonville St, Farmington Hills, MI
Currently Rented
$ 100,000
ROI
23.7ROI percentage
Cash Flow/m
Dollar sign111
  • 2 Bed
  • 1 Bath
  • 940 sft
21640 Jacksonville St, Farmington Hills, MI, 48336
Property at 25828 Lake Linden Ave, Laurium, MI
$ 100,000
ROI
23.1ROI percentage
Cash Flow/m
Dollar sign93
  • 5 Bed
  • 1 Bath
  • 1466 sft
25828 Lake Linden Ave, Laurium, MI, 49913
Property at 730 Tilden St, Flint, MI
Currently Rented
$ 100,000
ROI
43.0ROI percentage
Cash Flow/m
Dollar sign646
  • 5 Bed
  • 2 Bath
  • 988 sft
730 Tilden St, Flint, MI, 48505
Property at 1535 S M 52, Owosso, MI
$ 100,000
ROI
23.1ROI percentage
Cash Flow/m
Dollar sign93
  • 4 Bed
  • 2 Bath
  • 1680 sft
1535 S M 52, Owosso, MI, 48867
Property at 4402 Pelham St, Dearborn Heights, MI
Fix & Flip
$ 100,000
ROI
24.6ROI percentage
Cash Flow/m
Dollar sign136
  • 3 Bed
  • 1 Bath
  • 887 sft
4402 Pelham St, Dearborn Heights, MI, 48125

Why Invest in Merritt, Michigan?

Investing in Merritt, MI properties under $300k presents a compelling opportunity for stable rental income and moderate appreciation. This price segment attracts a diverse tenant base, with rental yields around 7% and cap rates near 6%. The average cash flow supports positive monthly returns, while the renter-occupied rate exceeds 55%, indicating strong demand. With affordable investment entry, Merritt offers a balanced market for both new and experienced real estate investors.

8%
Avg. ROI
7%
Rental Yield
6%
Cap Rate
$350/mo
Avg. Cash Flow
$850/mo
Avg. Rent
3%
1Y Appreciation

Frequently Asked Questions

Properties under $300k in Merritt typically include single-family homes and small multifamily units. These are attractive to investors seeking affordable entry with solid rental income potential.

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