Under $300K Investment Properties for Sale in Mount Clemens, MI
Listed for sale 4 days ago
$ 225,000
ROI
31.3
Cash Flow/m
721- 2 Bed
- 2 Bath
- 2695 sft
21 5th St, Mount Clemens, MI, 48043
$ 135,000
ROI
24.7Cash Flow/m
186- 2 Bed
- 1 Bath
- 1676 sft
22 Meadle St, Mount Clemens, MI, 48043
$ 259,000
ROI
29.9Cash Flow/m
729- 4 Bed
- 2 Bath
- 3471 sft
15 3rd St, Mount Clemens, MI, 48043
$ 149,900
ROI
23.7Cash Flow/m
164- 3 Bed
- 2 Bath
- 1586 sft
40 Dorothea St, 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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