Under $300K Investment Properties for Sale in Shelbyville, MI
Listed for sale 4 days ago
$ 249,900
ROI
30.6
Cash Flow/m
752- 3 Bed
- 2 Bath
- 1680 sft
Skyline Plan, Gun Lake, Shelbyville, MI, 49344
Rental Income
$ 255,000
ROI
21.1Cash Flow/m
93- 2 Bed
- 1 Bath
- 826 sft
2667 W Selkirk Lake Dr, Shelbyville, MI, 49344
$ 129,900
ROI
24.8Cash Flow/m
183- 3 Bed
- 2 Bath
- 1216 sft
Clayton 7616-773P The Pulse Plan, Gun Lake, Shelbyville, MI, 49344
$ 300,000
ROI
27.1Cash Flow/m
617- 3 Bed
- 2 Bath
- 1680 sft
2527 12th St, Shelbyville, MI, 49344
Why Invest in Shelbyville, Michigan?
Investing in Shelbyville, MI with properties under 300k offers affordable entry into a growing market with promising rental yields. The area boasts an average ROI of 7%, cap rates around 6%, and steady appreciation near 3% annually. With a rental yield of 8% and average rent around $900, investors can secure strong cash flow in this Michigan community. The renter-occupied rate remains stable at 45%, signaling a healthy tenant base for income-focused investments.
7%
Avg. ROI
8%
Rental Yield
6%
Cap Rate
$500/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
Properties under 300k in Shelbyville typically yield an average ROI of around 7%, making them attractive for investors seeking stable cash flow.
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