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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Gulliver, MI
Airbnb Potential
Listed for sale 1 day ago
$ 174,900
ROI
28.7
Cash Flow/m
437- 2 Bed
- 1 Bath
- 504 sft
5761 N Manistique River Rd, Gulliver, MI, 49840
$ 164,500
ROI
26.2Cash Flow/m
296- 2 Bed
- 1 Bath
- 900 sft
2495 N Rice Rd, Gulliver, MI, 49840
$ 275,000
ROI
28.1Cash Flow/m
642- 4 Bed
- 2 Bath
- 1682 sft
2694 River Rd, Gulliver, MI, 49840
Rental Income
$ 139,900
ROI
27.8Cash Flow/m
312- 2 Bed
- 1 Bath
- 720 sft
3870 W Us Highway 2 Rd, Gulliver, MI, 49840
Why Invest in Gulliver, Michigan?
Investing in properties under $500k in Gulliver, MI offers unique opportunities. This affordable price range is ideal for investors seeking steady rental yield and consistent cash flow. Gulliver’s average ROI stands at 7.2%, with a cap rate of 6.8% indicating healthy profitability. Rental yields average around 8%, accompanied by an average monthly rent of $950. Additionally, the area exhibits modest appreciation of 3.5%, making it a promising market for long-term growth.
7.2%
Avg. ROI
8%
Rental Yield
6.8%
Cap Rate
$320/mo
Avg. Cash Flow
$950/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
Properties under $500k in Gulliver typically include single-family homes, small multi-family units, and condominiums well-suited for rental investments.
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