Investment Properties Under $500K in Ravenna, MI | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Under $500K Investment Properties for Sale in Ravenna, MI

Property at 6980 Spaulding Rd, Ravenna, MI
Fix & Flip
Listed for sale 6 days ago
$ 245,000
ROI
20.7ROI percentage
Cash Flow/m
Dollar sign66
  • 3 Bed
  • 2 Bath
  • 1680 sft
6980 Spaulding Rd, Ravenna, MI, 49451
Property at 12135 Stewart St, Ravenna, MI
$ 324,900
ROI
22.5ROI percentage
Cash Flow/m
Dollar sign243
  • 5 Bed
  • 2 Bath
  • 1990 sft
12135 Stewart St, Ravenna, MI, 49451
Property at 8229 E Apple Ave, Ravenna, MI
$ 359,900
ROI
24.5ROI percentage
Cash Flow/m
Dollar sign475
  • 4 Bed
  • 3 Bath
  • 2100 sft
8229 E Apple Ave, Ravenna, MI, 49451
Property at 3743 S Ravenna Rd, Ravenna, MI
$ 109,000
ROI
24.4ROI percentage
Cash Flow/m
Dollar sign141
  • 3 Bed
  • 1 Bath
  • 1002 sft
3743 S Ravenna Rd, Ravenna, MI, 49451

Why Invest in Ravenna, Michigan?

Investing in Ravenna, MI under $500k offers a strong opportunity for affordable real estate growth. The market features average ROI around 7%, with rental yields close to 8%. Cap rates remain competitive near 6%, supporting solid cash flow potential averaging $350 monthly. Appreciation rates hover around 3%, indicating steady property value increases. With roughly 55% renter-occupied units, the city attracts a consistent tenant base.

7%
Avg. ROI
8%
Rental Yield
6%
Cap Rate
$350/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3%
1Y Appreciation

Frequently Asked Questions

Properties under $500k in Ravenna typically include single-family homes and small multi-family units, suitable for both first-time investors and those expanding portfolios.

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