Under $300K Investment Properties for Sale in Ontonagon Township, MI
318- 2 Bed
- - Bath
- 820 sft
191- 3 Bed
- 2 Bath
- 1406 sft
139- 3 Bed
- 1 Bath
- 2100 sft
105- 4 Bed
- 2 Bath
- 1797 sft
133- 3 Bed
- 1 Bath
- 1110 sft
101- 5 Bed
- 3 Bath
- 2061 sft
117- 2 Bed
- 1 Bath
- 1112 sft
105- 3 Bed
- 2 Bath
- 1232 sft
142- 3 Bed
- 2 Bath
- 1850 sft
131- 2 Bed
- 1 Bath
- 1143 sft
104- 2 Bed
- 1 Bath
- 924 sft
129- 2 Bed
- 2 Bath
- 1252 sft
138- 2 Bed
- 1 Bath
- 1020 sft
- 3 Bed
- 2 Bath
- 1275 sft
117- 2 Bed
- 1 Bath
- 960 sft
103- 2 Bed
- 1 Bath
- 704 sft
96- 2 Bed
- 1 Bath
- 672 sft
92- 1 Bed
- 1 Bath
- 700 sft
111- 2 Bed
- 1 Bath
- 937 sft
125- 3 Bed
- 2 Bath
- 1520 sft
133- 3 Bed
- 1 Bath
- 966 sft
133- 3 Bed
- 1 Bath
- 2120 sft
343- 5 Bed
- 3 Bath
- 1810 sft
128- 3 Bed
- 2 Bath
- 1600 sft
135- 3 Bed
- 1 Bath
- 1048 sft
125- 1 Bed
- 1 Bath
- 600 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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