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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Michigan Center, MI
Listed for sale 2 days ago
$ 197,000
ROI
26.5
Cash Flow/m
370- 3 Bed
- 1 Bath
- 1022 sft
413 7th St, Michigan Center, MI, 49254
$ 120,000
ROI
23.4Cash Flow/m
121- 1 Bed
- 1 Bath
- 770 sft
414 Napoleon Rd, Michigan Center, MI, 49254
$ 215,000
ROI
27.5Cash Flow/m
466- 3 Bed
- 2 Bath
- 1524 sft
250 Long Ave, Michigan Center, MI, 49254
$ 200,000
ROI
29.1Cash Flow/m
520- 3 Bed
- 1 Bath
- 1067 sft
201 Tipperary St, Michigan Center, MI, 49254
Why Invest in Michigan Center, Michigan?
Investing in Michigan Center, MI, especially properties under $500k, offers a compelling opportunity with steady rental yields and reasonable appreciation. The local market provides an average ROI of 7%, supported by a cap rate of 6.5% and attractive cash flow for investors. Rental demand remains strong with a renter occupancy rate above 75%. These metrics, combined with the region’s economic stability, make it an appealing location for real estate investment.
7%
Avg. ROI
6%
Rental Yield
6.5%
Cap Rate
$800/mo
Avg. Cash Flow
$1100/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
Properties under $500k in Michigan Center typically include single-family homes and small multi-family units, suitable for both first-time investors and those seeking moderate rental income opportunities.
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