Under $300K Investment Properties for Sale in Skandia, MI
$ 179,900
ROI
22.2
Cash Flow/m
120- 3 Bed
- 2 Bath
- 711 sft
539 Dalton Rd, Skandia, MI, 49885
$ 130,000
ROI
30.8Cash Flow/m
398- 1 Bed
- 1 Bath
- 500 sft
722 S Carlshend Rd, Skandia, MI, 49885
$ 245,000
ROI
25.8Cash Flow/m
411- 2 Bed
- 2 Bath
- 1216 sft
123 Anderson Rd, Skandia, MI, 49885
$ 299,000
ROI
19.8Cash Flow/m
6- 3 Bed
- 2 Bath
- 2771 sft
N5686 Jarvinen 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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