Under $300K Investment Properties for Sale in Okemos, MI
$ 299,900
ROI
26.8
Cash Flow/m
590- 5 Bed
- 2 Bath
- 1660 sft
3882 Okemos Rd, Okemos, MI, 48864
$ 300,000
ROI
29.3Cash Flow/m
797- 3 Bed
- 2 Bath
- 1720 sft
4151 Wabaningo Rd, Okemos, MI, 48864
$ 222,900
ROI
30.9Cash Flow/m
691- 3 Bed
- 1 Bath
- 1000 sft
4690 Cornell Rd, Okemos, MI, 48864
$ 239,900
ROI
20.8Cash Flow/m
69- 4 Bed
- 2 Bath
- 1920 sft
2162 Kent St, Okemos, MI, 48864
Why Invest in Okemos, Michigan?
Investing in Okemos, MI properties under $300K offers an affordable entry into a growing market with strong rental demand. This segment appeals to investors seeking steady cash flow with average ROI around 7%. Rental yields in Okemos typically reach 6%, supported by a solid cap rate near 5%. Appreciation remains stable at about 3% annually, while high renter occupancy—above 85%—ensures consistent income streams. Focused investment in this budget range leverages the area's economic vitality and university-driven rental market.
7%
Avg. ROI
6%
Rental Yield
5%
Cap Rate
$850/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield for properties under $300K in Okemos is around 6%, supported by strong tenant demand from students and professionals.
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