Under $500K Investment Properties for Sale in Vassar, MI
Rental Income
Listed for sale 4 days ago
$ 219,000
ROI
26.1
Cash Flow/m
388- 3 Bed
- 2 Bath
- 1200 sft
127 Spruce St, Vassar, MI, 48768
$ 129,900
ROI
23.8Cash Flow/m
145- 2 Bed
- 1 Bath
- 1125 sft
446 Goodrich St, Vassar, MI, 48768
$ 214,000
ROI
21.4Cash Flow/m
95- 3 Bed
- 1 Bath
- 1771 sft
4822 Dorothy St, Vassar, MI, 48768
$ 195,900
ROI
31.4Cash Flow/m
635- 2 Bed
- 2 Bath
- 1537 sft
304 Prospect St, Vassar, MI, 48768
Why Invest in Vassar, Michigan?
Investing in Vassar, MI under $500k properties offers a strategic opportunity in a growing small city with solid rental demand. This filter highlights affordable entry points with attractive cap rates averaging 8%, rental yields near 7%, and steady appreciation around 3% annually. The region's renter-occupied rate is approximately 48%, underscoring a balanced rental market. Moderate cash flow and ROI metrics around 6% make these properties appealing for new and seasoned investors alike.
6%
Avg. ROI
7%
Rental Yield
8%
Cap Rate
$450/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
Vassar's market under $500k primarily includes single-family homes and small multi-family properties. These options offer affordable entry points with good rental potential.
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