Under $300K Investment Properties for Sale in Ravenna, MI
Listed for sale 1 day ago
$ 298,000
ROI
27.6
Cash Flow/m
651- 3 Bed
- 2 Bath
- 1190 sft
3639 Haymeadow Ave, Ravenna, MI, 49451
$ 269,900
ROI
22.3Cash Flow/m
191- 4 Bed
- 1 Bath
- 1354 sft
12376 Crockery Creek Dr, Ravenna, MI, 49451
$ 169,900
ROI
24.2Cash Flow/m
212- 2 Bed
- 1 Bath
- 1000 sft
912 S Bossett Rd, Ravenna, MI, 49451
$ 169,900
ROI
23.8Cash Flow/m
189- 1 Bed
- 1 Bath
- 684 sft
3606 Center St, Ravenna, MI, 49451
Why Invest in Ravenna, Michigan?
Investing in under $300k properties in Ravenna, MI offers a unique opportunity to tap into a growing market with stable rental demand. This segment showcases an average ROI of 7%, supported by a rental yield of 8.5%, making it attractive for income-focused investors. Cap rates remain competitive around 6%, and average cash flow is solid at $550 per month. Properties under $300k attract a high renter-occupied rate of 65%, positioning investors for consistent returns in this Michigan locale.
7%
Avg. ROI
8.5%
Rental Yield
6%
Cap Rate
$550/mo
Avg. Cash Flow
$950/mo
Avg. Rent
3.2%
1Y Appreciation
Frequently Asked Questions
The average rent for properties under $300k in Ravenna is approximately $950 per month, making them appealing for rental investors.
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