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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Michigan Center, MI
Listed for sale 6 days ago
$ 200,000
ROI
29.1
Cash Flow/m
520- 3 Bed
- 1 Bath
- 1067 sft
201 Tipperary St, Michigan Center, MI, 49254
Listed for sale 7 days ago
$ 228,000
ROI
25.2Cash Flow/m
345- 2 Bed
- 1 Bath
- 1200 sft
569 Round Lake Dr, Michigan Center, MI, 49254
$ 179,900
ROI
23.6Cash Flow/m
192- 3 Bed
- 1 Bath
- 1880 sft
4109 Page Ave, Michigan Center, MI, 49254
$ 209,900
ROI
28.6Cash Flow/m
518- 3 Bed
- 2 Bath
- 1568 sft
151 Sager Rd, Michigan Center, MI, 49254
Why Invest in Michigan Center, Michigan?
Investing in Michigan Center, MI, offers promising opportunities, especially for properties under $300k. The local market shows a steady average ROI of 7%, complemented by a rental yield of 9% on affordable housing. Cap rates remain attractive at around 6%, indicating a healthy income potential for investors. With average rents approximately $1,000 and rising appreciation rates of 3%, this area supports sustainable investment growth. The renter-occupied rate at 52% provides a stable tenant pool for rental properties.
7%
Avg. ROI
9%
Rental Yield
6%
Cap Rate
$700/mo
Avg. Cash Flow
$1000/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
Michigan Center offers a variety of properties under $300k, predominantly single-family homes suitable for investors seeking affordable rental options.
Find Your Perfect Investment Property in Michigan Center, Michigan
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