Under $300K Investment Properties for Sale in Prudenville, MI
$ 179,900
ROI
28.1
Cash Flow/m
417- 3 Bed
- 1 Bath
- 900 sft
106 9th St, Prudenville, MI, 48651
$ 174,900
ROI
31.5Cash Flow/m
572- 3 Bed
- 1 Bath
- 1264 sft
214 Oak St, Prudenville, MI, 48651
Airbnb Potential
$ 169,900
ROI
24.7Cash Flow/m
233- 2 Bed
- 2 Bath
- 1080 sft
205 Deer Run Blvd, Prudenville, MI, 48651
$ 155,000
ROI
23.4Cash Flow/m
155- 3 Bed
- 2 Bath
- 1348 sft
3068 S Gladwin Rd, 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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