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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Luther, MI
$ 140,000
ROI
24.7
Cash Flow/m
192- 4 Bed
- 1 Bath
- 1400 sft
201 Birch St, Luther, MI, 49656
$ 129,000
ROI
22.2Cash Flow/m
87- - Bed
- - Bath
- 2788 sft
10978 E Eight Mile Rd, Luther, MI, 49656
$ 118,000
ROI
31.0Cash Flow/m
370- 3 Bed
- 1 Bath
- 760 sft
5237 N Twin Creek Rd, Luther, MI, 49656
Motivated Seller
$ 279,900
ROI
28.3Cash Flow/m
665- 3 Bed
- 2 Bath
- 2800 sft
984 W Rose Meadow Dr, Luther, MI, 49656
Why Invest in Luther, Michigan?
Investing in Luther, MI under $300k offers affordable entry points into a steady rental market with solid cap rates around 6%. The growing renter-occupied segment, at approximately 52%, supports consistent cash flow. Appreciation in the region has been moderate at about 3% annually, aligning well with the stable economic outlook. Average rental yields near 8% make properties under $300k attractive for investors seeking balanced risk and returns.
7%
Avg. ROI
8%
Rental Yield
6%
Cap Rate
$850/mo
Avg. Cash Flow
$950/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
Properties under $300k in Luther primarily include single-family homes and smaller multi-family units. These options suit investors looking for affordable entry points with potential for rental income.
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