Under $500K Investment Properties for Sale in Luna Pier, MI
Airbnb Potential
$ 164,900
ROI
27.9
Cash Flow/m
374- 3 Bed
- 1 Bath
- 1142 sft
4344 S 2nd St, Luna Pier, MI, 48157
$ 221,000
ROI
21.5Cash Flow/m
110- 2 Bed
- 2 Bath
- 1008 sft
318 Beachwalk Trl, Luna Pier, MI, 48157
$ 230,000
ROI
21.1Cash Flow/m
89- 3 Bed
- 2 Bath
- 1020 sft
4611 N 3rd St, 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
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
