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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
$ 206,000
ROI
21.6
Cash Flow/m
106- 3 Bed
- 1 Bath
- 1500 sft
2577 Parkway Dr, Manitou Beach, MI, 49253
$ 234,900
ROI
32.7Cash Flow/m
843- 4 Bed
- 2 Bath
- 1724 sft
13477 Sandy Beach Rd, Manitou Beach, MI, 49253
$ 250,000
ROI
20.2Cash Flow/m
29- 3 Bed
- 1 Bath
- 1284 sft
1730 Round Lake Hwy, Manitou Beach, MI, 49253
$ 139,000
ROI
23.6Cash Flow/m
148- - Bed
- - Bath
- 674 sft
2000 Paradise Park St, 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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