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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
Rental Income
Listed for sale 3 days ago
$ 294,900
ROI
29.2
Cash Flow/m
776- 3 Bed
- 2 Bath
- 2280 sft
311 Maple Grove Ave, Prudenville, MI, 48651
Listed for sale 4 days ago
$ 249,900
ROI
24.0Cash Flow/m
294- 2 Bed
- 2 Bath
- 1288 sft
311 Iroquois Ave, Prudenville, MI, 48651
$ 120,000
ROI
24.2Cash Flow/m
150- 2 Bed
- 1 Bath
- 570 sft
123 Maple Bluff Ave, Prudenville, MI, 48651
$ 145,000
ROI
24.8Cash Flow/m
202- 2 Bed
- 1 Bath
- 1144 sft
107 Irma St, 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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