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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Mount Clemens, MI
$ 220,000
ROI
29.9
Cash Flow/m
622- 3 Bed
- 3 Bath
- 2275 sft
32 Gibbs St, Mount Clemens, MI, 48043
$ 239,000
ROI
25.8Cash Flow/m
404- 3 Bed
- 2 Bath
- 1445 sft
183 Washington St, Mount Clemens, MI, 48043
$ 115,000
ROI
32.0Cash Flow/m
390- 3 Bed
- 1 Bath
- 1525 sft
33 Ferrin Pl, Mount Clemens, MI, 48043
$ 189,900
ROI
27.1Cash Flow/m
388- 3 Bed
- 2 Bath
- 1462 sft
220 Cass Ave, Mount Clemens, MI, 48043
Why Invest in Mount Clemens, Michigan?
Investing in Mount Clemens, MI properties under $300k offers a strategic entry into Detroit metropolitan real estate. The area features an average ROI of 7%, rental yields around 8%, and a cap rate of 6.5%, making it attractive for steady cash flow investments. Growing renter occupancy at 64% and an average monthly rent of $1,050 further underline its potential. Property appreciation trends remain steady at 3.5% annually, aligning with regional economic recovery driven by manufacturing and healthcare sectors.
7%
Avg. ROI
8%
Rental Yield
6.5%
Cap Rate
$150/mo
Avg. Cash Flow
$1050/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
The average rental yield for properties under $300k in Mount Clemens is approximately 8%, making it a solid choice for rental income investors.
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