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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Vanderbilt, MI
Listed for sale 1 day ago
$ 299,000
ROI
20.3
Cash Flow/m
42- 3 Bed
- 2 Bath
- 1300 sft
9980 Old 27 Hwy N, Vanderbilt, MI, 49795
$ 148,000
ROI
24.5Cash Flow/m
197- 2 Bed
- 1 Bath
- 1374 sft
6990 Airport Rd, Vanderbilt, MI, 49795
$ 319,000
ROI
21.3Cash Flow/m
136- 2 Bed
- 3 Bath
- 1847 sft
11154 White Ash Trl, Vanderbilt, MI, 49795
$ 159,000
ROI
23.5Cash Flow/m
167- 2 Bed
- 1 Bath
- 1200 sft
8133 Cheboygan St, Vanderbilt, MI, 49795
Why Invest in Vanderbilt, Michigan?
Investing in properties under $500k in Vanderbilt, MI offers an affordable entry into a growing real estate market. The area features a cap rate averaging 7.2%, with a rental yield around 6.5%, making it attractive for steady cash flow. Average ROI is about 8%, supported by a stable renter occupancy of 68%. Appreciation rates of approximately 3.5% indicate long-term growth potential. Investors benefit from a strong local labor market and increasing rental demand.
8%
Avg. ROI
6.5%
Rental Yield
7.2%
Cap Rate
$850/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
Properties under $500k in Vanderbilt primarily include single-family homes and small multifamily units. These offer investors affordable options with potential for rental income.
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