Under $500K 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
$ 319,900
ROI
21.0Cash Flow/m
110- 3 Bed
- 2 Bath
- 3134 sft
145 Lodewyck Ave, 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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