Under $300K Investment Properties for Sale in Pontiac, MI
Listed for sale 1 day ago
$ 105,000
ROI
23.6
Cash Flow/m
112- 3 Bed
- 2 Bath
- 1001 sft
667 Riverside St, Pontiac, MI, 48342
Currently Rented
Listed for sale 2 days ago
$ 125,000
ROI
23.6Cash Flow/m
134- 3 Bed
- 2 Bath
- 1230 sft
900 Stanley Ave, Pontiac, MI, 48340
Listed for sale 2 days ago
$ 255,000
ROI
21.4Cash Flow/m
117- 3 Bed
- 3 Bath
- 1650 sft
488 Bloomfield Ave, Pontiac, MI, 48341
Listed for sale 2 days ago
$ 289,490
ROI
26.2Cash Flow/m
516- 4 Bed
- 3 Bath
- 1880 sft
Fairfield Plan, The Parks at Stonegate Pointe, Pontiac, MI, 48341
Why Invest in Pontiac, Michigan?
Investing in Pontiac, MI, especially properties under $300k, offers an attractive opportunity for real estate investors looking for steady cash flow. The city's average rental yield stands at a solid 9.2%, complemented by an average ROI of 7.5%. Cap rates hover around 6%, indicating a stable market with reasonable entry costs. With rising appreciation rates near 4% annually and a renter-occupied rate of 55%, Pontiac is a promising market for long-term growth.
7.5%
Avg. ROI
9.2%
Rental Yield
6%
Cap Rate
$350/mo
Avg. Cash Flow
$900/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rental yield for properties under $300k in Pontiac is approximately 9.2%, making it a competitive market for rental investments.
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