Under $300K Investment Properties for Sale in Ontonagon Township, MI
298- 1 Bed
- 1 Bath
- 400 sft
237- 4 Bed
- 1 Bath
- 1100 sft
115- 2 Bed
- 1 Bath
- 1930 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
91- 2 Bed
- 1 Bath
- 778 sft
134- - Bed
- - Bath
- - sft
- 1 Bed
- 1 Bath
- 793 sft
326- 2 Bed
- 2 Bath
- - sft
130- 2 Bed
- 1 Bath
- 696 sft
117- 3 Bed
- 1 Bath
- 960 sft
- 1 Bed
- 1 Bath
- 596 sft
144- 2 Bed
- 1 Bath
- 874 sft
123- 2 Bed
- 2 Bath
- 969 sft
135- 2 Bed
- 1 Bath
- 1031 sft
98- 2 Bed
- 1 Bath
- 1040 sft
122- - Bed
- - Bath
- 1296 sft
-- 3 Bed
- 2 Bath
- 1056 sft
139- 3 Bed
- 1 Bath
- 929 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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