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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Single Family Investment Properties for Sale in Luna Pier, MI
Airbnb Potential
Listed for sale 2 days ago
$ 224,900
ROI
24.1
Cash Flow/m
272- 3 Bed
- 2 Bath
- 1264 sft
11113 Harold Dr, Luna Pier, MI, 48157
Fix & Flip
$ 273,900
ROI
32.4Cash Flow/m
967- 4 Bed
- 2 Bath
- 2024 sft
4356 S 14th St, Luna Pier, MI, 48157
$ 400,000
ROI
28.5Cash Flow/m
973- 4 Bed
- 4 Bath
- 4200 sft
11239 Harold Dr, Luna Pier, MI, 48157
$ 212,000
ROI
21.1Cash Flow/m
81- 2 Bed
- 2 Bath
- 1008 sft
216 Beachwalk Trl, Luna Pier, MI, 48157
Why Invest in Luna Pier, Michigan?
Investing in single-family homes in Luna Pier, MI offers great opportunities with steady rental yields and appreciation potential. This market features an average ROI of around 7%, with cap rates near 6%, reflecting solid cash flow for investors. Luna Pier's rental market benefits from a renter-occupied rate above 55%, and average rents are competitive within the region. Local economic stability, combined with growing demand for affordable housing, makes single-family investments here worthwhile.
7%
Avg. ROI
6.5%
Rental Yield
6%
Cap Rate
$450/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield for single-family homes in Luna Pier is approximately 6.5%, making it a favorable investment area with consistent cash flow potential.
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