Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Mount Pleasant, MI
Listed for sale 1 day ago
$ 195,000
ROI
21.2
Cash Flow/m
79- 2 Bed
- 2 Bath
- 1200 sft
1019 Sweeney St, Mount Pleasant, MI, 48858
$ 199,900
ROI
24.3Cash Flow/m
254- - Bed
- - Bath
- - sft
S Lincoln Rd, Mount pleasant, MI, 48858
Listed for sale 3 days ago
$ 143,500
ROI
30.2Cash Flow/m
418- 2 Bed
- 1 Bath
- 960 sft
511 E Woodworth St, Mount Pleasant, MI, 48858
Listed for sale 3 days ago
$ 279,000
ROI
23.4Cash Flow/m
282- 3 Bed
- 2 Bath
- 1644 sft
1410 E Bennett Ave, Mount Pleasant, MI, 48858
Why Invest in Mount Pleasant, Michigan?
Investing in Mount Pleasant, MI under $500k offers a balanced opportunity for real estate investors targeting affordable properties. This city benefits from a growing renter population, with a renter occupancy rate nearing 55%, supporting steady demand. Average rental yields hover around 7%, complemented by cap rates near 6%, making cash flow positive investments common. Appreciation rates are moderate, ensuring long term value gains in a city supported by strong local employment and university presence.
8%
Avg. ROI
7%
Rental Yield
6%
Cap Rate
$350/mo
Avg. Cash Flow
$950/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield for properties under $500k in Mount Pleasant is around 7%, making it an attractive market for investment properties.
Find Your Perfect Investment Property in Mount Pleasant, Michigan
Explore investment opportunities by strategy, performance, or property type
