Under $500K Investment Properties for Sale in Perry, MI

Fix & Flip
Listed for sale 1 day ago
$ 225,000
ROI
25.1
Cash Flow/m
332- 2 Bed
- 1 Bath
- 1440 sft
14940 S Morrice Rd, Perry, MI, 48872

Listed for sale 5 days ago
$ 379,900
ROI
24.1
Cash Flow/m
462- 3 Bed
- 3 Bath
- 1501 sft
5344 Hilltop Trl, Perry, MI, 48872

Listed for sale 6 days ago
$ 440,000
ROI
26.5
Cash Flow/m
829- 4 Bed
- 3 Bath
- 4564 sft
6320 Winegar Rd, Perry, MI, 48872

$ 220,000
ROI
25.0
Cash Flow/m
319- 3 Bed
- 1 Bath
- 1117 sft
12239 S Ruppert Rd, Perry, MI, 48872
Why Invest in Perry, Michigan?
Investing in Perry, MI under $500k properties offers affordable entry into a stable market with promising growth. The area boasts an average ROI of 7%, a rental yield near 6%, and a capitalization rate around 5%. Average cash flow reaches about $1,000 monthly, complemented by average rents of $1,200. Appreciation trends are steady, reflecting Perry’s resilience and renter occupancy around 65%. Such metrics appeal to investors seeking balanced risk and reward.
7%
Avg. ROI
6%
Rental Yield
5%
Cap Rate
$1000/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average ROI for properties under $500k in Perry, MI is approximately 7%, reflecting a healthy investment opportunity with balanced risk.
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