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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Luther, MI
$ 149,900
ROI
24.7
Cash Flow/m
208- 1 Bed
- 2 Bath
- 784 sft
507 River St, Luther, MI, 49656
$ 225,000
ROI
30.7Cash Flow/m
685- 3 Bed
- 2 Bath
- 1511 sft
603 River St, Luther, MI, 49656
$ 219,900
ROI
20.7Cash Flow/m
56- 2 Bed
- 3 Bath
- 1820 sft
408 Garfield St, Luther, MI, 49656
$ 194,900
ROI
23.8Cash Flow/m
221- 3 Bed
- 3 Bath
- 1450 sft
10086 E Old M63, 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.
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