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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Ortonville, MI
Listed for sale 3 days ago
$ 499,900
ROI
21.0
Cash Flow/m
180- 4 Bed
- 2 Bath
- 2844 sft
1625 Perry Lake Rd, Ortonville, MI, 48462
Listed for sale 3 days ago
$ 375,000
ROI
27.2Cash Flow/m
774- 4 Bed
- 3 Bath
- 2148 sft
1075 Granger Rd, Ortonville, MI, 48462
Listed for sale 4 days ago
$ 249,900
ROI
26.5Cash Flow/m
472- 3 Bed
- 1 Bath
- 1256 sft
156 Myron St, Ortonville, MI, 48462
Listed for sale 7 days ago
$ 295,000
ROI
22.8Cash Flow/m
252- 4 Bed
- 2 Bath
- 1749 sft
319 Sherman Ct, Ortonville, MI, 48462
Why Invest in Ortonville, Michigan?
Investing in Ortonville, MI properties under $500k offers a unique opportunity to tap into a stable market with an average rental yield of 7.2%. The area shows promising appreciation rates around 3.5%, complemented by a cap rate of 6.8%. Average cash flow remains healthy at $450 monthly, supported by an average rent of $1,100. Renter occupancy is strong near 65%, making it an attractive choice for real estate investors seeking balanced risk and growth.
8%
Avg. ROI
7.2%
Rental Yield
6.8%
Cap Rate
$450/mo
Avg. Cash Flow
$1100/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
Properties under $500k in Ortonville primarily include single-family homes and small multi-family units. These properties appeal to investors seeking steady rental income with moderate entry prices.
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