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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Prudenville, MI
Listed for sale 1 day ago
$ 239,900
ROI
26.4
Cash Flow/m
445- 3 Bed
- 2 Bath
- 1650 sft
1429 Iroquois Ave, Prudenville, MI, 48651
Listed for sale 3 days ago
$ 279,000
ROI
20.4Cash Flow/m
46- 4 Bed
- 2 Bath
- 1250 sft
127 E Shadow Lake Rd, Prudenville, MI, 48651
Fix & Flip
Listed for sale 7 days ago
$ 219,900
ROI
31.9Cash Flow/m
741- 3 Bed
- 2 Bath
- 1651 sft
131 Seneca Trl, Prudenville, MI, 48651
Listed for sale 7 days ago
$ 195,000
ROI
29.0Cash Flow/m
504- 3 Bed
- 1 Bath
- 1150 sft
894 Springwood Dr, Prudenville, MI, 48651
Why Invest in Prudenville, Michigan?
Investing in Prudenville, MI properties under $300k offers affordable entry points in a stable market. The area's average rental yield is around 7%, making it attractive for steady cash flow investors. Cap rates hover near 6%, complemented by an average ROI of approximately 8%. With an increasing renter-occupied rate of 45%, the demand for rental units remains strong. Modest appreciation of about 3% annually supports long-term investment growth.
8%
Avg. ROI
7%
Rental Yield
6%
Cap Rate
$800/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield for properties under $300k in Prudenville is approximately 7%, making it a solid choice for rental investors seeking steady income.
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