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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Riverdale, MI
Listed for sale 4 days ago
$ 170,000
ROI
28.9
Cash Flow/m
432- 4 Bed
- 1 Bath
- 2040 sft
6475 N Lumberjack Rd, Riverdale, MI, 48877
$ 240,000
ROI
29.7Cash Flow/m
664- 5 Bed
- 2 Bath
- 1500 sft
11634 E Gates Rd, Riverdale, MI, 48877
$ 145,000
ROI
23.1Cash Flow/m
135- 3 Bed
- 1 Bath
- 1236 sft
6053 NW Mill St, Riverdale, MI, 48877
$ 164,900
ROI
24.7Cash Flow/m
227- 3 Bed
- 2 Bath
- 1607 sft
6707 N Lumberjack Rd, Riverdale, MI, 48877
Why Invest in Riverdale, Michigan?
Investing in Riverdale, MI properties under $300k offers unique opportunities in an emerging market with steady appreciation. This filter highlights affordable entry points for investors focusing on rental yield and cash flow. Riverdale boasts an average ROI of 7.2%, a rental yield of 6.5%, and a cap rate of 8.0%. The average cash flow remains positive at $320 monthly, while average rents sit around $950 per month. Renter occupancy is strong at 70%, reflecting robust demand in this market.
7.2%
Avg. ROI
6.5%
Rental Yield
8%
Cap Rate
$320/mo
Avg. Cash Flow
$950/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
The average rental yield for properties under $300k in Riverdale is approximately 6.5%, making it a solid choice for steady rental income.
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