Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Stephenson, MI
$ 129,900
ROI
23.7
Cash Flow/m
142- 3 Bed
- 1 Bath
- 1120 sft
N7761 Jimtown Rd, Stephenson, MI, 49887
Fix & Flip
$ 138,999
ROI
24.3Cash Flow/m
174- 3 Bed
- 2 Bath
- 1700 sft
W624 Division St, Stephenson, MI, 49887
$ 139,900
ROI
24.2Cash Flow/m
173- 3 Bed
- 1 Bath
- 1362 sft
S327 Section St, Stephenson, MI, 49887
$ 170,213
ROI
27.6Cash Flow/m
373- 2 Bed
- 1 Bath
- 1410 sft
N9508 County Road 577, Stephenson, MI, 49887
Why Invest in Stephenson, Michigan?
Investing in under $500k properties in Stephenson, MI offers a balanced opportunity combining affordability and solid cash flow potential. The city boasts an average rental yield of 7% and an average cap rate of 6.2%, making it attractive for steady income. With an average ROI of 8% and a growing renter-occupied rate of 55%, investors can expect stable appreciation around 3.5%. The average rent sits at $900, with cash flows averaging $1,200 monthly, supporting sustainable investment portfolios.
8%
Avg. ROI
7%
Rental Yield
6.2%
Cap Rate
$1200/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
Under $500k, you can find a mix of single-family homes and smaller multifamily units. These properties often attract first-time buyers and investors seeking rental income.
Find Your Perfect Investment Property in Stephenson, Michigan
Explore investment opportunities by strategy, performance, or property type
