Under $500K Investment Properties for Sale in Richland, MI
Listed for sale 3 days ago
$ 343,900
ROI
21.1
Cash Flow/m
132- 5 Bed
- 3 Bath
- 2083 sft
Integrity 2085 Plan, Gilmore Farms No. 2, Richland, MI, 49083
Listed for sale 3 days ago
$ 389,000
ROI
27.1Cash Flow/m
800- 4 Bed
- 3 Bath
- 2276 sft
8270 W Sturtevant Ave, Richland, MI, 49083
Listed for sale 4 days ago
$ 338,900
ROI
20.3Cash Flow/m
55- 3 Bed
- 2 Bath
- 1607 sft
Integrity 1610 Plan, Gilmore Farms No. 2, Richland, MI, 49083
Listed for sale 5 days ago
$ 307,900
ROI
22.8Cash Flow/m
259- 3 Bed
- 3 Bath
- 1576 sft
Integrity 1560 Plan, Gilmore Farms No. 2, Richland, MI, 49083
Why Invest in Richland, Michigan?
Investing in Richland, MI properties under $500k offers a solid opportunity for steady returns in a growing market. The area demonstrates an average ROI of 7.2% with rental yields around 6.5%. Property appreciation is moderate at 3.1%, ensuring long-term value. Investors benefit from an average cap rate of 5.4% and a healthy average cash flow of $350 per month, driven by a renter-occupied rate of 48%. These metrics highlight Richland's appeal for mid-budget real estate investments aligned with local economic growth.
7.2%
Avg. ROI
6.5%
Rental Yield
5.4%
Cap Rate
$350/mo
Avg. Cash Flow
$1150/mo
Avg. Rent
3.1%
1Y Appreciation
Frequently Asked Questions
The average rental yield for properties under $500k in Richland is approximately 6.5%, offering attractive cash flow for investors.
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