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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Mesick, MI
Listed for sale 2 days ago
$ 249,900
ROI
20.2
Cash Flow/m
31- 3 Bed
- 2 Bath
- 1336 sft
4622 Vista Valley Rd, Mesick, MI, 49668
Fix & Flip
Listed for sale 7 days ago
$ 280,000
ROI
31.8Cash Flow/m
936- 3 Bed
- 2 Bath
- 1900 sft
5201 W 14th Rd, Mesick, MI, 49668
$ 190,000
ROI
23.9Cash Flow/m
216- 3 Bed
- 2 Bath
- 1280 sft
5221 N 17th Rd, Mesick, MI, 49668
$ 219,000
ROI
21.7Cash Flow/m
120- 3 Bed
- 2 Bath
- 1369 sft
1009 Old M37 Hwy, 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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