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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Okemos, MI
Listed for sale today
$ 299,000
ROI
23.0
Cash Flow/m
271- 3 Bed
- 2 Bath
- 2057 sft
1163 W Grand River Ave, Okemos, MI, 48864
$ 287,500
ROI
21.9Cash Flow/m
169- 3 Bed
- 2 Bath
- 1560 sft
4299 Oakwood Dr, Okemos, MI, 48864
$ 269,900
ROI
25.8Cash Flow/m
457- 3 Bed
- 2 Bath
- 1566 sft
2379 Mount Hope Rd, Okemos, MI, 48864
$ 289,000
ROI
21.8Cash Flow/m
162- 3 Bed
- 2 Bath
- 1764 sft
4514 Eastwood Dr, 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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