Investment Properties Under $300K in Six Lakes, MI | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Under $300K Investment Properties for Sale in Six Lakes, MI

Property at 6240 Terry Dr, Six Lakes, MI
$ 179,900
ROI
26.5ROI percentage
Cash Flow/m
Dollar sign338
  • 3 Bed
  • 1 Bath
  • 877 sft
6240 Terry Dr, Six Lakes, MI, 48886
Property at 6040 N Hillman Rd, Six Lakes, MI
$ 189,000
ROI
25.6ROI percentage
Cash Flow/m
Dollar sign305
  • 2 Bed
  • 1 Bath
  • 960 sft
6040 N Hillman Rd, Six Lakes, MI, 48886
Property at 288 30th Ave, Six Lakes, MI
$ 268,000
ROI
21.1ROI percentage
Cash Flow/m
Dollar sign103
  • 3 Bed
  • 2 Bath
  • 1713 sft
288 30th Ave, Six Lakes, MI, 48886
Property at 8789 N Derby Rd, Six Lakes, MI
$ 141,001
ROI
46.6ROI percentage
Cash Flow/m
Dollar sign1053
  • 3 Bed
  • 1 Bath
  • 1400 sft
8789 N Derby Rd, Six Lakes, MI, 48886

Why Invest in Six Lakes, Michigan?

Investing in Six Lakes, MI under $300k offers an excellent entry point into a growing market. This filter targets affordable properties with steady rental demand, supported by a 7% rental yield and a 5.5% cap rate. Average cash flow stands around $250 monthly, with average rents near $900, attracting renter occupancy of 62%. Appreciation rates hover around 3%, reflecting stable property value growth amid local economic gains.

8%
Avg. ROI
7%
Rental Yield
5.5%
Cap Rate
$250/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3%
1Y Appreciation

Frequently Asked Questions

Properties under $300k in Six Lakes typically include single-family homes and smaller multifamily units, suitable for first-time investors seeking rental income.

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