Under $300K Investment Properties for Sale in Ontonagon Township, MI
298- 1 Bed
- 1 Bath
- 400 sft
237- 4 Bed
- 1 Bath
- 1100 sft
96- 3 Bed
- 2 Bath
- 1248 sft
137- 2 Bed
- 1 Bath
- 884 sft
92- 2 Bed
- 1 Bath
- 1045 sft
114- 4 Bed
- 2 Bath
- 825 sft
103- 2 Bed
- 1 Bath
- 924 sft
- 3 Bed
- 2 Bath
- 1600 sft
137- 2 Bed
- 1 Bath
- 666 sft
122- 3 Bed
- 1 Bath
- 1800 sft
144- 3 Bed
- 1 Bath
- 1344 sft
94- 3 Bed
- 1 Bath
- 1010 sft
109- - Bed
- - Bath
- - sft
131- 3 Bed
- 3 Bath
- 1023 sft
108- 2 Bed
- 1 Bath
- 720 sft
127- 6 Bed
- 2 Bath
- 2388 sft
- 2 Bed
- 2 Bath
- 930 sft
109- 3 Bed
- 2 Bath
- 1296 sft
143- 3 Bed
- 1 Bath
- 1000 sft
145- 2 Bed
- 1 Bath
- 720 sft
128- 3 Bed
- 1 Bath
- 1485 sft
141- 2 Bed
- 1 Bath
- 1080 sft
- 3 Bed
- 2 Bath
- 1244 sft
129- 2 Bed
- 1 Bath
- 1320 sft
140- 2 Bed
- 1 Bath
- 804 sft
141- 3 Bed
- 1 Bath
- 1208 sft
Why Invest in Ontonagon Township, Michigan?
Investing in affordable properties under $300k in Ontonagon Township, MI offers a unique opportunity to tap into Michigan's steady rental market. This area boasts a stable average rental yield of 7%, with a cap rate near 6%, ensuring solid returns for investors. Recent property appreciation trends also show gradual growth, supporting long-term investment value. The average cash flow for rental properties here is positive, driven by a consistent average rent of approximately $850 per month. With a renter-occupied rate above 40%, there's reliable tenant demand underpinned by local economic stability.
Frequently Asked Questions
Properties under $300k typically include single-family homes, small multi-family units, and some vacant land parcels. These offer affordable entry points for investors looking at rental opportunities.
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