Under $300K Investment Properties for Sale in Stevensville, MI
Currently Rented
Rental Income
Listed for sale 5 days ago
$ 279,900
ROI
32.0
Cash Flow/m
955- 4 Bed
- 2 Bath
- 2342 sft
2193 Carol Ln, Stevensville, MI, 49127
$ 128,500
ROI
24.8Cash Flow/m
180- 3 Bed
- 2 Bath
- 1456 sft
3017 Johnson Rd Lot 43, Stevensville, MI, 49127
Fix & Flip
$ 285,000
ROI
20.7Cash Flow/m
78- 4 Bed
- 3 Bath
- 2550 sft
1765 Hacienda Dr, Stevensville, MI, 49127
$ 299,000
ROI
30.5Cash Flow/m
893- 3 Bed
- 3 Bath
- 2325 sft
4203 Monica Rd, 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.
Find Your Perfect Investment Property in Stevensville, Michigan
Explore investment opportunities by strategy, performance, or property type
