Under $500K Investment Properties for Sale in Plainwell, MI
Listed for sale 1 day ago
$ 160,000
ROI
22.9
Cash Flow/m
139- 2 Bed
- 1 Bath
- 720 sft
507 Brigham St, Plainwell, MI, 49080
Listed for sale 4 days ago
$ 344,900
ROI
25.2Cash Flow/m
518- 4 Bed
- 2 Bath
- 2432 sft
10860 Douglas Ave, Plainwell, MI, 49080
Fix & Flip
$ 159,500
ROI
24.3Cash Flow/m
200- 3 Bed
- 1 Bath
- 1780 sft
299 13th St, Plainwell, MI, 49080
$ 274,999
ROI
20.4Cash Flow/m
45- 2 Bed
- 2 Bath
- 1050 sft
944 110th Ave, Plainwell, MI, 49080
Why Invest in Plainwell, Michigan?
Investing in Plainwell, MI, with properties under $500k offers a solid entry point into Michigan's real estate market. This filter highlights affordable opportunities with an average ROI of 7.5%. The rental yield averages around 6.2%, supported by a cap rate near 5.5%. Investors can expect an average cash flow of $350 monthly, with average rent prices at $950. Appreciation remains steady at 3% annually, fueled by a renter-occupied rate of 56%.
7.5%
Avg. ROI
6.2%
Rental Yield
5.5%
Cap Rate
$350/mo
Avg. Cash Flow
$950/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
Properties under $500k in Plainwell typically include single-family homes, small multi-family units, and some condos. These offer opportunities for affordable investment with steady rental demand.
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