Investment Properties Under $500K in Presque Isle, MI | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Under $500K Investment Properties for Sale in Presque Isle, MI

Property at 6342 Wilderness Cir, Presque Isle, MI
$ 295,500
ROI
20.3ROI percentage
Cash Flow/m
Dollar sign45
  • 3 Bed
  • 2 Bath
  • 1900 sft
6342 Wilderness Cir, Presque Isle, MI, 49777
Property at 17281 Cedar Grove Ct, Presque Isle, MI
$ 459,900
ROI
21.3ROI percentage
Cash Flow/m
Dollar sign199
  • 3 Bed
  • 3 Bath
  • 1526 sft
17281 Cedar Grove Ct, Presque Isle, MI, 49777
Property at 6310 Kauffman Rd, Presque Isle, MI
$ 265,000
ROI
22.6ROI percentage
Cash Flow/m
Dollar sign208
  • 4 Bed
  • 2 Bath
  • 1668 sft
6310 Kauffman Rd, Presque Isle, MI, 49777
Property at 7595 Garrity Ln, Presque Isle, MI
$ 379,400
ROI
21.8ROI percentage
Cash Flow/m
Dollar sign214
  • 3 Bed
  • 3 Bath
  • 2122 sft
7595 Garrity Ln, Presque Isle, MI, 49777

Why Invest in Presque Isle, Michigan?

Investment properties under $500k in Presque Isle, MI present diverse opportunities for real estate investors. This area offers an average ROI of 8% with solid rental yields near 7%, making it ideal for steady cash flow. The cap rate hovers around 6.5%, supported by reasonable average rents and healthy appreciation potential driven by local economic growth. About 68% of housing units are renter-occupied, reflecting a strong tenant base in this market.

8%
Avg. ROI
7%
Rental Yield
6.5%
Cap Rate
$750/mo
Avg. Cash Flow
$1100/mo
Avg. Rent
3%
1Y Appreciation

Frequently Asked Questions

The average ROI for investment properties under $500k in Presque Isle is around 8%, supported by stable rental yields and appreciation.

Find Your Perfect Investment Property in Presque Isle, Michigan

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