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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 3 days ago
$ 299,900
ROI
22.6
Cash Flow/m
240- 3 Bed
- 2 Bath
- 1500 sft
507 Chippewa Trl, Prudenville, MI, 48651
Listed for sale 3 days ago
$ 149,900
ROI
27.8Cash Flow/m
335- 1 Bed
- 1 Bath
- 608 sft
121 E Houghton Lake Dr, Prudenville, MI, 48651
$ 275,900
ROI
20.3Cash Flow/m
43- 3 Bed
- 2 Bath
- 1369 sft
136 Edgewood Dr, Prudenville, MI, 48651
Fix & Flip
$ 139,900
ROI
24.2Cash Flow/m
173- 4 Bed
- 1 Bath
- 1720 sft
319 Beverly 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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