Under $300K Investment Properties for Sale in Manitou Beach, MI
$ 125,000
ROI
24.4
Cash Flow/m
160- 3 Bed
- 2 Bath
- 1155 sft
6627 Hallenbeck Hwy, Manitou Beach, MI, 49253
$ 275,000
ROI
23.0Cash Flow/m
251- 3 Bed
- 2 Bath
- 1422 sft
4171 Woodland Ave, Manitou Beach, MI, 49253
$ 120,000
ROI
24.8Cash Flow/m
169- 3 Bed
- 2 Bath
- 1684 sft
15265 Rome Rd, Manitou Beach, MI, 49253
Airbnb Potential
$ 207,500
ROI
22.5Cash Flow/m
158- 2 Bed
- 1 Bath
- 1018 sft
1051 Elm 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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