Townhouse Investment Properties for Sale in Luna Pier, MI
$ 221,000
ROI
21.5
Cash Flow/m
110- 2 Bed
- 2 Bath
- 1008 sft
318 Beachwalk Trl, Luna Pier, MI, 48157
$ 199,900
ROI
21.0Cash Flow/m
67- 2 Bed
- 2 Bath
- 1008 sft
304 Beachwalk Trail Dr, Luna Pier, MI, 48157
$ 199,900
ROI
22.4Cash Flow/m
146- 2 Bed
- 2 Bath
- 1008 sft
206 Beachwalk Trl, Luna Pier, MI, 48157
$ 215,000
ROI
21.3Cash Flow/m
91- 2 Bed
- 2 Bath
- 1008 sft
406 Beachwalk Trl, Luna Pier, MI, 48157
Why Invest in Luna Pier, Michigan?
Investing in townhouses in Luna Pier, MI offers a strategic entry into a market with steady appreciation and solid rental yields. Townhouses here typically show a cap rate around 6%, providing resilient cash flow for investors. Rental demand remains strong due to the area's renter-occupied rate near 38%. With average rent near $950 and appreciation around 3%, Luna Pier presents a balanced opportunity for real estate investors focused on townhouses.
7%
Avg. ROI
6%
Rental Yield
6%
Cap Rate
$450/mo
Avg. Cash Flow
$950/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
Townhouses in Luna Pier offer strong rental demand, competitive cap rates around 6%, and steady appreciation, making them a solid investment choice.
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