Under $300K Investment Properties for Sale in South Range, MI
$ 109,700
ROI
24.6
Cash Flow/m
147- 4 Bed
- 3 Bath
- 2516 sft
36 7th St, South Range, MI, 49963
$ 195,000
ROI
29.8Cash Flow/m
543- 3 Bed
- 2 Bath
- 1196 sft
63 2nd St, South Range, MI, 49963
$ 116,000
ROI
24.1Cash Flow/m
139- 2 Bed
- 1 Bath
- 963 sft
23 1st St, South Range, MI, 49963
$ 239,500
ROI
21.0Cash Flow/m
86- 3 Bed
- 3 Bath
- 1500 sft
35 4th St, South Range, MI, 49963
Why Invest in South Range, Michigan?
Investing in South Range, MI properties under $300k offers a strategic entry point for real estate investors looking for stable rental yields and steady appreciation. This market features an average rental yield of 7.1% and a cap rate around 6.5%, supporting positive cash flows. South Range benefits from its proximity to larger employment centers in Michigan, enhancing tenant demand. Low average property prices combined with a renter-occupied rate near 45% provide options for diversification and long-term growth.
7.8%
Avg. ROI
7.1%
Rental Yield
6.5%
Cap Rate
$150/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
The average rental yield for properties under $300k in South Range is approximately 7.1%, making it a strong option for income-focused investors.
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