Under $300K Investment Properties for Sale in Pigeon, MI
$ 225,000
ROI
21.2
Cash Flow/m
88- 3 Bed
- 2 Bath
- 1248 sft
4455 Kathleen Dr, Pigeon, MI, 48755
Fix & Flip
$ 169,900
ROI
23.7Cash Flow/m
185- 2 Bed
- 1 Bath
- 792 sft
7637 Port Austin Rd, Pigeon, MI, 48755
$ 166,700
ROI
23.9Cash Flow/m
193- 4 Bed
- 2 Bath
- 2404 sft
8565 Chapin Rd, Pigeon, MI, 48755
$ 217,000
ROI
22.6Cash Flow/m
170- 2 Bed
- 2 Bath
- 1072 sft
9156 Point Charities Ave, Pigeon, MI, 48755
Why Invest in Pigeon, Michigan?
Investing in Pigeon, MI properties under $300k offers a promising opportunity with stable cap rates around 7% and average ROI near 8%. The rental yield stands at approximately 6.5%, providing steady cash flow for investors. This market benefits from a renter-occupied rate close to 50%, supporting rental demand. Appreciation rates have averaged 3% annually, reflecting consistent real estate value growth. Affordable entry points combined with solid fundamentals make Pigeon an attractive investment locale.
8%
Avg. ROI
6.5%
Rental Yield
7%
Cap Rate
$500/mo
Avg. Cash Flow
$850/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
Properties under $300k largely include single-family homes and small multifamily units ideal for entry-level investors or those seeking rental income in the area.
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