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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
Listed for sale 6 days ago
$ 250,000
ROI
25.4
Cash Flow/m
389- 4 Bed
- 2 Bath
- 1728 sft
8890 N Lake Rd, Six Lakes, MI, 48886
$ 200,000
ROI
25.9Cash Flow/m
340- 3 Bed
- 2 Bath
- 1400 sft
2600 W Schmeid Rd, Six Lakes, MI, 48886
Airbnb Potential
$ 176,000
ROI
24.5Cash Flow/m
231- 2 Bed
- 1 Bath
- 944 sft
10041 Neil Dr, Six Lakes, MI, 48886
$ 199,900
ROI
27.5Cash Flow/m
429- 3 Bed
- 1 Bath
- 1236 sft
8425 N Holland 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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