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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in New Baltimore, MI
Listed for sale 1 day ago
$ 199,900
ROI
24.4
Cash Flow/m
256- 3 Bed
- 2 Bath
- 1600 sft
51707 Washington St, New Baltimore, MI, 48047
$ 172,000
ROI
25.5Cash Flow/m
275- 2 Bed
- 3 Bath
- 1497 sft
34615 W Marino Ct #28, New Baltimore, MI, 48047
$ 129,900
ROI
23.3Cash Flow/m
126- 3 Bed
- 2 Bath
- - sft
52668 Cedarwood Ct #30, New Baltimore, MI, 48051
$ 225,900
ROI
23.6Cash Flow/m
244- 2 Bed
- 2 Bath
- 1395 sft
51561 Stern Ln #147, New Baltimore, MI, 48051
Why Invest in New Baltimore, Michigan?
Investing in New Baltimore, MI, with a focus on properties under $300K offers a strategic entry into a stable real estate market. The area benefits from an average rental yield of 7%, supported by a 5% appreciation rate and cap rates averaging 6%. Investors can expect an average cash flow of $150 per month in this price range, reflecting the affordability and steady demand in this growing lakeside community.
7%
Avg. ROI
7%
Rental Yield
6%
Cap Rate
$150/mo
Avg. Cash Flow
$1100/mo
Avg. Rent
5%
1Y Appreciation
Frequently Asked Questions
New Baltimore offers affordable property prices with strong rental yields and steady appreciation, making it ideal for investors targeting entry-level real estate investments. Its stable economy and low vacancy rates support consistent cash flow.
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