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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
$ 215,000
ROI
20.4
Cash Flow/m
37- 4 Bed
- 2 Bath
- 1600 sft
244 Long Ave, Michigan Center, MI, 49254
$ 119,900
ROI
24.8Cash Flow/m
169- 2 Bed
- 1 Bath
- 853 sft
164 Orchard St, Michigan Center, MI, 49254
$ 199,000
ROI
25.7Cash Flow/m
327- 3 Bed
- 1 Bath
- 1312 sft
522 4th St, Michigan Center, MI, 49254
$ 190,000
ROI
32.3Cash Flow/m
661- 3 Bed
- 2 Bath
- 1368 sft
531 8th St, 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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