Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Luna Pier, MI
Airbnb Potential
$ 174,900
ROI
24.3
Cash Flow/m
223- 5 Bed
- 2 Bath
- 1814 sft
4341 S 8th St, Luna Pier, MI, 48157
$ 400,000
ROI
26.4Cash Flow/m
735- 4 Bed
- 4 Bath
- 4200 sft
11239 Harold Dr, Luna Pier, MI, 48157
$ 194,900
ROI
24.1Cash Flow/m
238- 2 Bed
- 2 Bath
- 1008 sft
414 Beachwalk Trail Dr, Luna Pier, MI, 48157
$ 150,000
ROI
41.9Cash Flow/m
926- 3 Bed
- 2 Bath
- 1488 sft
10620 Harold Dr, Luna Pier, MI, 48157
Why Invest in Luna Pier, Michigan?
Investing in Luna Pier, MI, with properties under $500k offers a strategic opportunity in a growing market. This area demonstrates a solid average ROI of 7%, with rental yields around 6%, making it favorable for income-focused investors. The cap rate is competitive at approximately 8%, complemented by average cash flows near $400 monthly. Appreciation rates remain steady at 3%, supported by a renter-occupied share of about 55%, ensuring consistent demand.
7%
Avg. ROI
6%
Rental Yield
8%
Cap Rate
$400/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Luna Pier for properties under $500k is approximately 6%, driven by steady rental demand and affordable home prices.
Find Your Perfect Investment Property in Luna Pier, Michigan
Explore investment opportunities by strategy, performance, or property type
