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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 today
$ 175,000
ROI
30.3
Cash Flow/m
513- 2 Bed
- 1 Bath
- 836 sft
2814 Oak Ave, Lewiston, MI, 49756
Listed for sale 5 days ago
$ 243,500
ROI
23.6Cash Flow/m
259- 3 Bed
- 2 Bath
- 1312 sft
2861 Buttles Rd, Lewiston, MI, 49756
Listed for sale 7 days ago
$ 278,000
ROI
23.6Cash Flow/m
300- 3 Bed
- 2 Bath
- 2016 sft
5817 Hillside Dr, Lewiston, MI, 49756
Fix & Flip
$ 165,000
ROI
23.6Cash Flow/m
177- 3 Bed
- 1 Bath
- 1148 sft
5290 Boetcher Rd, 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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