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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
Listed for sale 5 days ago
$ 219,900
ROI
22.9
Cash Flow/m
193- 3 Bed
- 2 Bath
- 1536 sft
1504 Putnam St, Wakefield, MI, 49968
Listed for sale 6 days ago
$ 199,900
ROI
22.1Cash Flow/m
130- 3 Bed
- 2 Bath
- 1001 sft
1010 Plymouth Rd, Wakefield, MI, 49968
$ 139,900
ROI
24.3Cash Flow/m
175- 4 Bed
- 2 Bath
- 2075 sft
502 Ascherman St, Wakefield, MI, 49968
$ 139,000
ROI
24.6Cash Flow/m
187- 2 Bed
- 1 Bath
- 1024 sft
1208 Anderson Ave, 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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