Under $200K Investment Properties for Sale in Luzerne, MI
Rental Income
Listed for sale 5 days ago
$ 164,000
ROI
26.1
Cash Flow/m
289- 2 Bed
- 1 Bath
- 1200 sft
2264 Ryno Rd, Luzerne, MI, 48636
$ 149,900
ROI
23.2Cash Flow/m
144- 3 Bed
- 1 Bath
- 1350 sft
2270 Durfee Rd, Luzerne, MI, 48636
$ 109,900
ROI
23.7Cash Flow/m
121- 2 Bed
- 1 Bath
- 860 sft
4845 W Cherry Creek Rd, Luzerne, MI, 48636
$ 149,900
ROI
23.9Cash Flow/m
171- 2 Bed
- 1 Bath
- 670 sft
1071 Wildwood Trl, Luzerne, MI, 48636
Why Invest in Luzerne, Michigan?
Investing in Luzerne, MI properties under $200k offers a strong entry point into Michigan's affordable real estate market. This location combines a reasonable average ROI with favorable rental yields and cap rates, making it attractive for new investors. Properties here often yield solid average cash flow and show steady appreciation backed by a stable renter-occupied rate. Data from government sources indicates growth potential in Luzerne's housing sector and economic development.
7.5%
Avg. ROI
9%
Rental Yield
8.5%
Cap Rate
$800/mo
Avg. Cash Flow
$850/mo
Avg. Rent
3.2%
1Y Appreciation
Frequently Asked Questions
The average rental yield for properties priced under $200k in Luzerne is approximately 9%, making it attractive for rental investors.
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