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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
Listed for sale 6 days ago
$ 149,900
ROI
23.7
Cash Flow/m
164- 3 Bed
- 2 Bath
- 1650 sft
2610 Brown Cabin Rd, Luzerne, MI, 48636
$ 169,900
ROI
23.5Cash Flow/m
178- 2 Bed
- 2 Bath
- 1832 sft
5510 Ridge Rd, Luzerne, MI, 48636
$ 124,900
ROI
23.4Cash Flow/m
127- 2 Bed
- 1 Bath
- 1500 sft
3607 Fishermans Dr, Luzerne, MI, 48636
$ 139,900
ROI
24.2Cash Flow/m
171- 1 Bed
- 1 Bath
- 630 sft
3591 Comstock 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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