Under $500K Investment Properties for Sale in South Rockwood, MI

Property at 6658 S Huron River Dr, South Rockwood, MI
Listed for sale 3 days ago
$ 299,000
ROI
23.5ROI percentage
Cash Flow/m
Dollar sign308
  • 3 Bed
  • 2 Bath
  • 2499 sft
6658 S Huron River Dr, South Rockwood, MI, 48179
Property at 6045 Park Blvd, South Rockwood, MI
$ 249,900
ROI
20.1ROI percentage
Cash Flow/m
Dollar sign26
  • 2 Bed
  • 2 Bath
  • 1070 sft
6045 Park Blvd, South Rockwood, MI, 48179
Property at 13054 Race St, South Rockwood, MI
$ 139,900
ROI
29.1ROI percentage
Cash Flow/m
Dollar sign364
  • 2 Bed
  • 1 Bath
  • 750 sft
13054 Race St, South Rockwood, MI, 48179
Property at 3639 Carleton Rockwood Rd, South Rockwood, MI
$ 289,900
ROI
21.4ROI percentage
Cash Flow/m
Dollar sign135
  • 3 Bed
  • 1 Bath
  • 1273 sft
3639 Carleton Rockwood Rd, South Rockwood, MI, 48179

Why Invest in South Rockwood, Michigan?

Investing in South Rockwood, MI properties under $500k offers a solid entry point with steady rental yields averaging around 7%. This area provides a cap rate near 6%, with an average cash flow of approximately $350 monthly. The average return on investment (ROI) hovers near 8%, supported by appreciation rates close to 2.5%. With a renter-occupied rate of nearly 45%, South Rockwood presents a balanced market for rental property investors seeking stable income and growth potential.

8%
Avg. ROI
7%
Rental Yield
6%
Cap Rate
$350/mo
Avg. Cash Flow
$1100/mo
Avg. Rent
2.5%
1Y Appreciation

Frequently Asked Questions

Properties under $500k in South Rockwood generally include single-family homes and small multifamily units. These options offer affordable entry points for investors seeking stable rental income.

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