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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 2 days ago
$ 269,900
ROI
28.0
Cash Flow/m
615- 3 Bed
- 3 Bath
- 1890 sft
1817 Hamilton Rd, Okemos, MI, 48864
Listed for sale 3 days ago
$ 299,900
ROI
27.1Cash Flow/m
612- 4 Bed
- 3 Bath
- 2560 sft
3842 Pine Knoll Dr, Okemos, MI, 48864
$ 269,900
ROI
30.1Cash Flow/m
775- 3 Bed
- 2 Bath
- 1760 sft
4531 Chippewa Dr, Okemos, MI, 48864
$ 198,900
ROI
31.4Cash Flow/m
645- 2 Bed
- 1 Bath
- 1568 sft
2320 Seminole 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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