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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Lewiston, MI
Listed for sale 3 days ago
$ 215,000
ROI
25.7
Cash Flow/m
355- 3 Bed
- 2 Bath
- 1561 sft
3340 Alexander St, Lewiston, MI, 49756
Listed for sale 5 days ago
$ 194,000
ROI
25.5Cash Flow/m
312- 3 Bed
- 1 Bath
- 1500 sft
1922 Fish Lab Rd, Lewiston, MI, 49756
Airbnb Potential
$ 115,000
ROI
23.9Cash Flow/m
133- 2 Bed
- 2 Bath
- 960 sft
4090 Sunset Dr, Lewiston, MI, 49756
$ 240,000
ROI
27.0Cash Flow/m
483- 3 Bed
- 2 Bath
- 1440 sft
5417 Pinecrest Dr, Lewiston, MI, 49756
Why Invest in Lewiston, Michigan?
Investing in Lewiston, MI offers great opportunities under $500k, making it accessible for many real estate investors. The city has an average ROI of about 7%, with rental yields around 8%, indicating strong rental demand. Cap rates hover near 6%, while average cash flow remains positive, supporting steady income streams. Appreciation rates in the area show modest growth, ensuring long-term value retention. Approximately 40% of households are renter-occupied, demonstrating a solid tenant base.
7%
Avg. ROI
8%
Rental Yield
6%
Cap Rate
$800/mo
Avg. Cash Flow
$950/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
Lewiston offers a mix of single-family homes, small multi-family units, and condominiums under $500k, suitable for both first-time and experienced investors.
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