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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Mount Clemens, MI
Listed for sale 5 days ago
$ 219,900
ROI
25.9
Cash Flow/m
376- 3 Bed
- 2 Bath
- 1688 sft
1540 Westlawn St, Mount Clemens, MI, 48043
Listed for sale 5 days ago
$ 235,000
ROI
23.4Cash Flow/m
239- 4 Bed
- 2 Bath
- 1519 sft
44 Fessenden St, Mount Clemens, MI, 48043
Fix & Flip
Listed for sale 7 days ago
$ 399,890
ROI
24.8Cash Flow/m
556- 4 Bed
- 4 Bath
- 4742 sft
46 W Breitmeyer Pl, Mount Clemens, MI, 48043
Fix & Flip
$ 215,000
ROI
28.0Cash Flow/m
495- 3 Bed
- 2 Bath
- 1834 sft
905 N Esplanade St, Mount Clemens, MI, 48043
Why Invest in Mount Clemens, Michigan?
Investing in Mount Clemens, MI properties under $500k offers a strategic entry into a growing market. The area features an average ROI of 7%, a solid rental yield of 6%, and cap rates near 5%. With rising average rents around $1,100 monthly and steady appreciation rates of 2% annually, investors can expect stable cash flow. Mount Clemens' renter-occupied rate is 45%, highlighting strong demand for rental units.
7%
Avg. ROI
6%
Rental Yield
5%
Cap Rate
$130/mo
Avg. Cash Flow
$1100/mo
Avg. Rent
2%
1Y Appreciation
Frequently Asked Questions
Properties under $500k in Mount Clemens include single-family homes, small multi-family units, and some condos. These options offer diverse opportunities for rental investors and first-time buyers.
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