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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Skandia, MI
$ 260,000
ROI
35.6
Cash Flow/m
1145- 3 Bed
- 2 Bath
- 1904 sft
1660 Engman Lake Rd, Skandia, MI, 49885
Fix & Flip
$ 135,000
ROI
24.8Cash Flow/m
191- 3 Bed
- 1 Bath
- 995 sft
186 ABRAHAMS ROAD, Skandia, MI, 49885
$ 279,000
ROI
42.2Cash Flow/m
1740- 3 Bed
- 2 Bath
- 2242 sft
168 Kreiger Dr, Skandia, MI, 49885
$ 259,900
ROI
31.3Cash Flow/m
835- 4 Bed
- 3 Bath
- 1865 sft
105 Dalton Rd, Skandia, MI, 49885
Why Invest in Skandia, Michigan?
Investing in Skandia, MI properties under $300K presents a promising opportunity for real estate investors seeking affordable entry points. With an average ROI of 7.2% and a rental yield close to 6.1%, these investment options offer solid cap rates around 5.5%. The average cash flow is positive, with rents averaging $1,050 monthly. Appreciation trends remain steady, supported by a growing renter-occupied rate of 62%. This combination makes Skandia a strategic choice for steady returns in Michigan’s real estate market.
7.2%
Avg. ROI
6.1%
Rental Yield
5.5%
Cap Rate
$150/mo
Avg. Cash Flow
$1050/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average ROI for properties under $300K in Skandia, MI is about 7.2%, offering a solid return for investors in this price segment.
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