Under $300K Investment Properties for Sale in Ludington, MI
Listed for sale 1 day ago
$ 222,500
ROI
25.1
Cash Flow/m
333- 2 Bed
- 1 Bath
- 896 sft
6740 W Virnetta Dr, Ludington, MI, 49431
Listed for sale 5 days ago
$ 224,900
ROI
30.8Cash Flow/m
689- 3 Bed
- 2 Bath
- 1249 sft
601 2nd St, Ludington, MI, 49431
Listed for sale 6 days ago
$ 249,000
ROI
31.4Cash Flow/m
805- 3 Bed
- 1 Bath
- 1152 sft
6022 W Bryant Rd, Ludington, MI, 49431
Listed for sale 7 days ago
$ 245,000
ROI
20.8Cash Flow/m
74- 3 Bed
- 1 Bath
- 1100 sft
510 N Delia St, Ludington, MI, 49431
Why Invest in Ludington, Michigan?
Investing in Ludington, MI properties under $300k provides an attractive entry point into a stable Midwestern market. The area offers a solid average rental yield of 7%, with cap rates around 6%, making it appealing for steady cash flow. Appreciation rates are moderate at approximately 3% annually, supported by a renter-occupied rate of 56%. This affordability paired with decent ROI presents long-term value for investors seeking diverse portfolios with manageable risk.
8%
Avg. ROI
7%
Rental Yield
6%
Cap Rate
$150/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
Yes, properties under $300k in Ludington offer solid rental yields and cap rates, making them attractive for investors seeking manageable entry points and steady cash flow.
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