Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Luther, MI
$ 165,000
ROI
21.6
Cash Flow/m
86- 2 Bed
- 1 Bath
- 768 sft
3445 N Kilgore Rd, Luther, MI, 49656
$ 149,900
ROI
29.8Cash Flow/m
419- 1 Bed
- 1 Bath
- 448 sft
5268 E Alpine Dr, Luther, MI, 49656
$ 114,900
ROI
23.0Cash Flow/m
105- 3 Bed
- 2 Bath
- 855 sft
3973 E Three Mile Rd, Luther, MI, 49656
$ 149,900
ROI
24.7Cash Flow/m
208- 1 Bed
- 2 Bath
- 784 sft
507 River St, 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.
Find Your Perfect Investment Property in Luther, Michigan
Explore investment opportunities by strategy, performance, or property type
