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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Luzerne, MI

$ 119,900
ROI
23.4
Cash Flow/m
121- 2 Bed
- 1 Bath
- 928 sft
2077 Dumont Dr, Luzerne, MI, 48636

Fix & Flip
$ 112,500
ROI
50.1
Cash Flow/m
950- 2 Bed
- 2 Bath
- 1632 sft
2312 Kari Dr, Luzerne, MI, 48636

$ 100,000
ROI
24.7
Cash Flow/m
137- 2 Bed
- 1 Bath
- 728 sft
1864 Lenroy Valley Rd, Luzerne, MI, 48636

$ 125,000
ROI
45.3
Cash Flow/m
888- 3 Bed
- 2 Bath
- 1838 sft
2499 Deeter Rd, 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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