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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Wolverine, MI
Listed for sale 1 day ago
$ 295,000
ROI
24.1
Cash Flow/m
355- 3 Bed
- 2 Bath
- 2576 sft
6108 W Sholes St, Wolverine, MI, 49799
Listed for sale 5 days ago
$ 164,900
ROI
29.3Cash Flow/m
435- 1 Bed
- 1 Bath
- 475 sft
4446 Shooks Rd, Wolverine, MI, 49799
$ 240,000
ROI
20.2Cash Flow/m
27- 2 Bed
- 1 Bath
- 1915 sft
7463 Woods Homestead Rd, Wolverine, MI, 49799
$ 149,900
ROI
23.3Cash Flow/m
148- 2 Bed
- 1 Bath
- 1500 sft
2193 Chemin De La Montagne Dr, Wolverine, MI, 49799
Why Invest in Wolverine, Michigan?
Investing in Wolverine, MI with properties under $300k offers an affordable entry into Michigan's real estate market. The area boasts a solid average ROI near 8%, a rental yield of approximately 7%, and a cap rate around 6%. Average cash flow remains positive with typical rents around $1,250 per month, while appreciation trends hover near 3% annually. With about 65% renter-occupied units, Wolverine is attractive for rental investors seeking stable returns in a smaller city market.
8%
Avg. ROI
7%
Rental Yield
6%
Cap Rate
$300/mo
Avg. Cash Flow
$1250/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
Typical rental yields in Wolverine for properties under $300k are around 7%, making it a promising market for rental property investors.
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