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

Discover affordable investment opportunities in Saginaw, MI, with properties under $500k offering strong potential for cash flow and appreciation. The median home price hovers around $84k-$125k, enabling attractive **cap rates** above 8% and **rental yields** near 10%. Saginaw's stable housing market shows 6.7-7.2% annual appreciation, ideal for long-term investors. High renter occupancy supports consistent income, bolstered by the city's retiree-friendly affordability. Economic resilience and low entry costs make under-$500k deals a smart entry into Michigan real estate.