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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 3 days ago
$ 215,000
ROI
30.0
Cash Flow/m
615- 3 Bed
- 2 Bath
- 1300 sft
3749 N 29 1/4 Rd, Mesick, MI, 49668
$ 219,000
ROI
21.8Cash Flow/m
124- 3 Bed
- 2 Bath
- 1620 sft
5202 Kellie Trl, Mesick, MI, 49668
$ 190,000
ROI
25.9Cash Flow/m
325- 2 Bed
- 1 Bath
- 650 sft
912 S Clark St, Mesick, MI, 49668
$ 209,900
ROI
28.8Cash Flow/m
525- 3 Bed
- 1 Bath
- 1060 sft
3328 Clyde Rd, 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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