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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Riley, MI
$ 274,900
ROI
22.6
Cash Flow/m
214- 3 Bed
- 1 Bath
- 1000 sft
12337 Dunn Rd, Riley, MI, 48041
$ 290,000
ROI
23.0Cash Flow/m
266- 3 Bed
- 2 Bath
- 1584 sft
11146 Gilbert Rd, Riley, MI, 48041
$ 499,000
ROI
20.7Cash Flow/m
135- 5 Bed
- 4 Bath
- 4438 sft
13325 Belle River Rd, Riley, MI, 48041
Fix & Flip
Motivated Seller
Rental Income
$ 130,000
ROI
24.1Cash Flow/m
158- 3 Bed
- 1 Bath
- 1008 sft
1530 Riley Center Rd, Riley, MI, 48041
Why Invest in Riley, Michigan?
Investing in under $500k properties in Riley, MI, offers promising opportunities for real estate investors focused on affordable housing. The area shows a solid average ROI of 6.2% and a rental yield of 7.8%, reflecting strong rental demand and income potential. Cap rates hover around 5.5%, ensuring competitive returns, while average cash flow remains attractive at $350 per property. With an average rent of $1,100 and renter occupancy at 62%, Riley's market balances stability and growth effectively.
6.2%
Avg. ROI
7.8%
Rental Yield
5.5%
Cap Rate
$350/mo
Avg. Cash Flow
$1100/mo
Avg. Rent
3.2%
1Y Appreciation
Frequently Asked Questions
Riley offers a variety of single-family homes and small multifamily units priced under $500,000, ideal for entry-level investors focusing on rental income.
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