Under $300K Investment Properties for Sale in Mesick, MI
$ 150,000
ROI
23.6
Cash Flow/m
161- 2 Bed
- 1 Bath
- 946 sft
5470 N 19 1/2 Rd, Mesick, MI, 49668
$ 180,000
ROI
23.6Cash Flow/m
193- 2 Bed
- 1 Bath
- 850 sft
2055 W M 115, Mesick, MI, 49668
$ 139,000
ROI
23.1Cash Flow/m
128- 1 Bed
- 1 Bath
- 900 sft
3305 N 3 1/2 Rd, Mesick, MI, 49668
Airbnb Potential
Rental Income
$ 199,900
ROI
24.5Cash Flow/m
265- 4 Bed
- 1 Bath
- 1200 sft
109 E South St, Mesick, MI, 49668
Why Invest in Mesick, Michigan?
Investing in Mesick, MI properties under $300k offers a promising opportunity to capitalize on a growing rental market with strong cap rates and rental yields. This area features an average ROI of 7%, attractive rental yields around 8%, and an appreciation rate of 3%. The average rental income combined with moderate cash flow makes Mesick appealing for real estate investors looking for affordable entry in Michigan's real estate market.
7%
Avg. ROI
8%
Rental Yield
6.5%
Cap Rate
$600/mo
Avg. Cash Flow
$850/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
Properties under $300k in Mesick typically include single-family homes and small multi-family units. These properties are popular among investors seeking affordable entry into the Michigan real estate market.
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