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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Rhodes, MI
$ 200,000
ROI
31.7
Cash Flow/m
662- 3 Bed
- 2 Bath
- 1152 sft
3615 Klender Rd, Rhodes, MI, 48652
$ 249,900
ROI
31.6Cash Flow/m
825- 4 Bed
- 2 Bath
- 3800 sft
3908 Estey Rd, Rhodes, MI, 48652
Motivated Seller
$ 259,900
ROI
22.6Cash Flow/m
205- 3 Bed
- 2 Bath
- 1344 sft
7454 N Jefferson Rd, Rhodes, MI, 48652
$ 299,900
ROI
20.3Cash Flow/m
48- 3 Bed
- 2 Bath
- 1560 sft
4176 Estey Rd, Rhodes, MI, 48652
Why Invest in Rhodes, Michigan?
Investing in Rhodes, MI properties under $300k offers great entry points right now with favorable market dynamics. The area boasts an average ROI of 7%, rental yields around 6%, and cap rates at a healthy 5%. Investors benefit from average monthly cash flow near $500 and rental occupancy exceeding 80%. Appreciation rates are steady at 3%, making Rhodes a promising location for smart real estate investments on a budget.
7%
Avg. ROI
6%
Rental Yield
5%
Cap Rate
$500/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield for properties under $300k in Rhodes, MI is approximately 6%, offering solid returns for investors.
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