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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Stevensville, MI
$ 259,900
ROI
21.5
Cash Flow/m
129- 2 Bed
- 2 Bath
- 1020 sft
2846 Oak St, Stevensville, MI, 49127
$ 212,500
ROI
25.0Cash Flow/m
309- 2 Bed
- 1 Bath
- 904 sft
5610 Ridge Rd, Stevensville, MI, 49127
$ 280,000
ROI
21.3Cash Flow/m
118- 4 Bed
- 3 Bath
- 1886 sft
5514 Ivy Dr, Stevensville, MI, 49127
$ 269,900
ROI
21.3Cash Flow/m
118- 3 Bed
- 2 Bath
- 1735 sft
1597 Edward Dr, Stevensville, MI, 49127
Why Invest in Stevensville, Michigan?
Investing in Stevensville, MI, especially properties under $300k, offers an affordable entry into the growing real estate market of this lakeshore community. With an average ROI of 7%, rental yields around 6%, and cap rates near 5%, it presents attractive returns for investors. The average rent stands at approximately $1,100 with steady appreciation trends around 2% annually. Renter occupancy is healthy at 52%, supported by local economic growth and demographic stability.
7%
Avg. ROI
6%
Rental Yield
5%
Cap Rate
$200/mo
Avg. Cash Flow
$1100/mo
Avg. Rent
2%
1Y Appreciation
Frequently Asked Questions
The average rental yield for properties under $300k in Stevensville is approximately 6%, making it an attractive option for income-focused investors.
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