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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Wakefield, MI
$ 139,000
ROI
31.6
Cash Flow/m
460- 2 Bed
- 1 Bath
- 1024 sft
1208 Anderson Ave, Wakefield, MI, 49968
$ 249,900
ROI
19.8Cash Flow/m
3- 2 Bed
- 2 Bath
- 1554 sft
477 Sundance Rd, Wakefield, MI, 49968
$ 115,000
ROI
24.3Cash Flow/m
145- 4 Bed
- 2 Bath
- 1309 sft
210 Brotherton St, Wakefield, MI, 49968
$ 145,000
ROI
34.3Cash Flow/m
586- 2 Bed
- 2 Bath
- 1558 sft
1450 5th St, Wakefield, MI, 49968
Why Invest in Wakefield, Michigan?
Investing in properties under $300k in Wakefield, MI offers a great entry point into a stable market with rising rental yields around 7%. The area boasts a solid average ROI of 8%, driven by steady appreciation near 3%. Rental demand remains strong due to a renter occupancy rate of 65%, supporting consistent positive cash flow. Cap rates hold favorable values around 6%, making Wakefield attractive for investors seeking balanced risk and return.
8%
Avg. ROI
7%
Rental Yield
6%
Cap Rate
$400/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield for properties under $300k in Wakefield is approximately 7%, reflecting strong rental demand in the area.
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