Under $500K Investment Properties for Sale in Sheridan, MI
Listed for sale 4 days ago
$ 224,900
ROI
20.0
Cash Flow/m
18- 3 Bed
- 2 Bath
- 2310 sft
7209 E Condensery Rd, Sheridan, MI, 48884
$ 249,900
ROI
25.6Cash Flow/m
406- 3 Bed
- 2 Bath
- 1296 sft
2972 W Kroman Rd, SHERIDAN, MI, 48884
Listed for sale 6 days ago
$ 249,000
ROI
31.9Cash Flow/m
838- 3 Bed
- 2 Bath
- 2252 sft
138 N Sherman St, Sheridan, MI, 48884
Listed for sale 6 days ago
$ 325,000
ROI
21.3Cash Flow/m
136- 4 Bed
- 2 Bath
- 2044 sft
6346 S Sheridan Rd, Sheridan, MI, 48884
Why Invest in Sheridan, Michigan?
Investing in Sheridan, MI properties under $500k offers a unique opportunity to enter a stable market with growing rental demand. This filter highlights affordable entry points that still yield solid returns, with an average ROI around 7%. Rental yields hover near 6%, complemented by cap rates averaging 5%. The area benefits from steady renter occupancy rates near 60%, while average rents are approximately $900 monthly, making it attractive for cash flow investors.
7%
Avg. ROI
6%
Rental Yield
5%
Cap Rate
$250/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield for these properties is around 6%, making Sheridan a solid choice for rental investors seeking steady returns.
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