Investment Properties for Sale in Luther, MI | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Investment Properties for Sale in Luther, MI

Property at 408 Garfield St, Luther, MI
Listed for sale 1 day ago
$ 219,900
ROI
20.7ROI percentage
Cash Flow/m
Dollar sign56
  • 2 Bed
  • 3 Bath
  • 1820 sft
408 Garfield St, Luther, MI, 49656
Property at 10086 E Old M63, Luther, MI
Listed for sale 6 days ago
$ 194,900
ROI
23.8ROI percentage
Cash Flow/m
Dollar sign221
  • 3 Bed
  • 3 Bath
  • 1450 sft
10086 E Old M63, Luther, MI, 49656
Property at 687 N Frank Smith Rd, Luther, MI
$ 259,900
ROI
31.1ROI percentage
Cash Flow/m
Dollar sign823
  • 3 Bed
  • 2 Bath
  • 1800 sft
687 N Frank Smith Rd, Luther, MI, 49656
Property at 984 W Rose Meadow Dr, Luther, MI
$ 259,900
ROI
20.9ROI percentage
Cash Flow/m
Dollar sign79
  • 3 Bed
  • 2 Bath
  • 1976 sft
984 W Rose Meadow Dr, Luther, MI, 49656

Why Invest in Luther, Michigan?

Investing in Luther, MI offers unique opportunities to tap into the growing Michigan real estate market. Known for its stable housing appreciation, the area presents an average ROI of 7.5%, with rental yields around 6%. The cap rate in Luther supports positive cash flow for investors, averaging $500 monthly. With a renter-occupied rate of 38%, there is steady demand for rental properties in Luther, making it an attractive destination for real estate investment.

7.5%
Avg. ROI
6%
Rental Yield
5.8%
Cap Rate
$500/mo
Avg. Cash Flow
$950/mo
Avg. Rent
3.2%
1Y Appreciation

Frequently Asked Questions

The average rental yield in Luther is about 6%, making it a viable market for rental property investors.

Find Your Perfect Investment Property in Luther, Michigan

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