Under $500K Investment Properties for Sale in Idlewild, MI
Fix & Flip
Airbnb Potential
Listed for sale 2 days ago
$ 144,900
ROI
29.5
Cash Flow/m
392- 3 Bed
- 2 Bath
- 1600 sft
5083 S Sand Ridge Ave, Idlewild, MI, 49642
$ 169,900
ROI
24.0Cash Flow/m
202- 2 Bed
- 1 Bath
- 868 sft
983 E McCork Rd, Idlewild, MI, 49642
$ 165,000
ROI
23.5Cash Flow/m
172- 3 Bed
- 2 Bath
- 1200 sft
287 E Maywood, Idlewild, MI, 49642
$ 272,500
ROI
20.4Cash Flow/m
46- 3 Bed
- 2 Bath
- 960 sft
5017 S Sunray Ct, Idlewild, MI, 49642
Why Invest in Idlewild, Michigan?
Investing in Idlewild, MI offers a unique opportunity to acquire properties under $500k with solid rental yields and attractive cap rates. This historic community is experiencing steady appreciation, making it appealing for long-term real estate investors. The average ROI is favorable, supported by a renter-occupied rate reflecting consistent demand. With average cash flow promising positive monthly returns, Idlewild presents a balanced investment in Michigan's growing housing market.
8.2%
Avg. ROI
7.5%
Rental Yield
6.8%
Cap Rate
$550/mo
Avg. Cash Flow
$950/mo
Avg. Rent
3.1%
1Y Appreciation
Frequently Asked Questions
Properties under $500k in Idlewild typically include single-family homes and small multi-family units, offering good rental potential and opportunities for value appreciation.
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