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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
$ 249,000
ROI
22.4
Cash Flow/m
183- 3 Bed
- 2 Bath
- 1445 sft
323 Grand St, Michigan Center, MI, 49254
$ 220,000
ROI
28.5Cash Flow/m
536- 3 Bed
- 2 Bath
- 1503 sft
174 Long Ave, Michigan Center, MI, 49254
$ 249,900
ROI
21.9Cash Flow/m
147- 3 Bed
- 1 Bath
- 1298 sft
441 Jefferson Dr, Michigan Center, MI, 49254
$ 215,000
ROI
20.4Cash Flow/m
37- 4 Bed
- 2 Bath
- 1600 sft
244 Long Ave, 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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