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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Saint Joseph, MI
Listed for sale 1 day ago
$ 189,000
ROI
23.3
Cash Flow/m
184- 2 Bed
- 2 Bath
- 1105 sft
2535 Dover Ln #31, Saint Joseph, MI, 49085
$ 172,000
ROI
67.0Cash Flow/m
2261- - Bed
- - Bath
- - sft
530 Golden Bear Ct, Saint joseph, MI, 49085
Listed for sale 3 days ago
$ 449,000
ROI
30.7Cash Flow/m
1366- 4 Bed
- 3 Bath
- 2778 sft
1448 Mulberry Ln, Saint Joseph, MI, 49085
Listed for sale 3 days ago
$ 235,000
ROI
29.7Cash Flow/m
647- 3 Bed
- 1 Bath
- 1014 sft
835 Ansley Dr, Saint Joseph, MI, 49085
Why Invest in Saint Joseph, Michigan?
Investing in Saint Joseph, MI properties under $500k offers a balanced opportunity to tap into Michigan's growing housing market. The area boasts an average ROI of 6.8% supported by steady rental yields around 7%. Cap rates remain attractive at approximately 6%, with average cash flow of $450 per property. Appreciation rates are moderate, around 3.5%, making this a solid choice for investors focusing on mid-market homes.
6.8%
Avg. ROI
7%
Rental Yield
6%
Cap Rate
$450/mo
Avg. Cash Flow
$1100/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
Saint Joseph combines affordable mid-market properties with solid rental yields and steady appreciation, offering investors a balanced risk-return profile. The local economy and growing population support continued demand.
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