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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Rapid River, MI
$ 285,000
ROI
20.3
Cash Flow/m
44- 1 Bed
- 1 Bath
- 1012 sft
10844 Finn 18.5 Rd, Rapid River, MI, 49878
$ 294,900
ROI
20.5Cash Flow/m
60- 3 Bed
- 1 Bath
- 1328 sft
4301 Deerfield T Ln, Rapid River, MI, 49878
$ 230,500
ROI
20.0Cash Flow/m
18- 3 Bed
- 2 Bath
- 1178 sft
10758 S 75th Rd, Rapid River, MI, 49878
Airbnb Potential
$ 124,900
ROI
24.5Cash Flow/m
165- 2 Bed
- - Bath
- 868 sft
7854 38th Rd, Rapid River, MI, 49878
Why Invest in Rapid River, Michigan?
Investing in Rapid River, MI under $300k offers access to stable cash flow and moderate appreciation potential. The area shows an average ROI of 7%, rental yields around 8.5%, and cap rates close to 6%, making it attractive for value-oriented investors. With average rents near $950 and rental occupancy above 65%, investors can expect steady tenant demand. The local economy supports growth with expanding job opportunities and increasing population trends.
7%
Avg. ROI
8.5%
Rental Yield
6%
Cap Rate
$450/mo
Avg. Cash Flow
$950/mo
Avg. Rent
2.5%
1Y Appreciation
Frequently Asked Questions
Rapid River offers solid rental yields and average ROI near 7%, with affordable property prices under $300k, making it ideal for entry-level investors seeking steady cash flow.
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