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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Schoolcraft, MI
Listed for sale 4 days ago
$ 265,000
ROI
21.1
Cash Flow/m
98- 4 Bed
- 2 Bath
- 1312 sft
213 E Cass St, Schoolcraft, MI, 49087
$ 258,000
ROI
20.7Cash Flow/m
66- 3 Bed
- 2 Bath
- 1596 sft
148 S Robinson St, Schoolcraft, MI, 49087
$ 229,900
ROI
30.8Cash Flow/m
705- 3 Bed
- 2 Bath
- 1610 sft
503 E Cass St, Schoolcraft, MI, 49087
$ 279,900
ROI
24.0Cash Flow/m
327- 4 Bed
- 1 Bath
- 1380 sft
10635 W West Ave, Schoolcraft, MI, 49087
Why Invest in Schoolcraft, Michigan?
Investing in properties under $300k in Schoolcraft, MI offers an affordable entry into a stable Midwest market. The area shows a solid average ROI of 7.5% and a rental yield of 6%, supported by steady appreciation rates around 1.5% annually. Investors benefit from a cap rate of 5.8%, with average cash flow near $450 monthly. Rental occupancy remains strong at 90%, reflecting consistent demand among local renters and professionals.
7.5%
Avg. ROI
6%
Rental Yield
5.8%
Cap Rate
$450/mo
Avg. Cash Flow
$850/mo
Avg. Rent
1.5%
1Y Appreciation
Frequently Asked Questions
Investing under $300k in Schoolcraft offers affordable market entry with strong rental demand, steady appreciation, and positive cash flow. The area supports consistent rental occupancy and balanced economic growth.
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