Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in New Era, MI
$ 265,000
ROI
31.0
Cash Flow/m
825- 6 Bed
- 1 Bath
- 1749 sft
5033 1st St, New Era, MI, 49446
$ 290,000
ROI
28.3Cash Flow/m
693- 3 Bed
- 3 Bath
- 1800 sft
3247 W Garfield Rd, New Era, MI, 49446
$ 110,250
ROI
27.4Cash Flow/m
233- 2 Bed
- 1 Bath
- 720 sft
3785 W M20, New Era, MI, 49446
$ 115,000
ROI
24.6Cash Flow/m
157- 2 Bed
- 1 Bath
- 854 sft
5578 S Apache Cir, New Era, MI, 49446
Why Invest in New Era, Michigan?
Investing in New Era, MI under $300k provides an excellent entry point into Michigan's real estate market. This price filter highlights affordable properties with attractive average rental yields around 7%. New Era's cap rate of approximately 6% and average cash flow near $200/month signify steady income potential. Coupled with moderate appreciation rates near 3%, investors can benefit from a balanced mix of income and growth in this small but promising city.
8%
Avg. ROI
7%
Rental Yield
6%
Cap Rate
$200/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
Properties under $300k in New Era typically include single-family homes, small multi-family units, and condos. These offer affordable investment opportunities with strong rental demand.
Find Your Perfect Investment Property in New Era, Michigan
Explore investment opportunities by strategy, performance, or property type
