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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Manitou Beach, MI
$ 195,000
ROI
23.3
Cash Flow/m
190- 3 Bed
- 2 Bath
- 1296 sft
13421 Woerner Rd, Manitou Beach, MI, 49253
$ 220,000
ROI
27.6Cash Flow/m
482- 3 Bed
- 2 Bath
- 1228 sft
12770 W Us Highway 223, Manitou Beach, MI, 49253
Airbnb Potential
$ 199,000
ROI
27.0Cash Flow/m
399- 3 Bed
- 1 Bath
- 969 sft
151 N Lakeview Blvd, Manitou Beach, MI, 49253
$ 206,000
ROI
21.6Cash Flow/m
106- 3 Bed
- 1 Bath
- 1500 sft
2577 Parkway Dr, Manitou Beach, MI, 49253
Why Invest in Manitou Beach, Michigan?
Investing in Manitou Beach, MI properties under $300k offers a promising opportunity to tap into a growing local market with solid rental yields and average cash flows. The area's cap rates highlight stable returns, while appreciation trends align with Michigan's positive housing recovery. Rental demand continues to strengthen, making it an ideal time for investors looking at budget-friendly options in a serene lakeside community.
7.2%
Avg. ROI
6.1%
Rental Yield
5.5%
Cap Rate
$850/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
Most properties under $300k in Manitou Beach include single-family homes and small multi-family units, ideal for rental investments or starter homes.
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