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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Pickford, MI
Listed for sale 1 day ago
$ 185,000
ROI
24.0
Cash Flow/m
217- 3 Bed
- 2 Bath
- 1216 sft
23057 S Clegg Rd, Pickford, MI, 49774
$ 299,900
ROI
20.6Cash Flow/m
67- 3 Bed
- 1 Bath
- 1080 sft
25639 S Fairview Rd, Pickford, MI, 49774
$ 299,900
ROI
29.8Cash Flow/m
841- 3 Bed
- 2 Bath
- 1260 sft
3247 E Gogomain Rd, Pickford, MI, 49774
$ 117,500
ROI
23.1Cash Flow/m
110- 1 Bed
- 1 Bath
- 1006 sft
20021 S Libby Rd, Pickford, MI, 49774
Why Invest in Pickford, Michigan?
Investing in Pickford, MI, with properties under $500k offers a unique opportunity to tap into a growing market with stable rental demand. This area boasts an average ROI of 7.2% and a rental yield near 6.1%, reflecting solid cash flow potential for investors. The average cap rate stands at 6.5%, while appreciation rates are modest but steady at around 2.3% annually. Renter occupation remains strong at 68%, creating a reliable tenant base to support ongoing income streams.
7.2%
Avg. ROI
6.1%
Rental Yield
6.5%
Cap Rate
$450/mo
Avg. Cash Flow
$850/mo
Avg. Rent
2.3%
1Y Appreciation
Frequently Asked Questions
Properties under $500k in Pickford include single-family homes and small multi-family units, suitable for investors seeking affordable entry points with positive cash flow potential.
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