Under $500K Investment Properties for Sale in De Tour Village, MI

Investing in De Tour Village, MI properties under $500k offers a compelling opportunity for steady returns. This quaint village benefits from a solid average rental yield of 7.2% and an average ROI of 5.1%, making it attractive for investors focused on affordable housing markets. The cap rate of 6.3% reflects strong income potential relative to property values. With an average cash flow of $450 monthly and median rent around $900, the market balances affordability with profitability. Appreciation rates hover at 3.5%, signaling steady growth in property values. Renter occupancy remains high at 78%, ensuring consistent rental income.