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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in New Lothrop, MI
$ 205,000
ROI
21.0
Cash Flow/m
73- 3 Bed
- 2 Bath
- 1504 sft
7567 Durand Rd, New Lothrop, MI, 48460
$ 194,900
ROI
30.3Cash Flow/m
572- 4 Bed
- 1 Bath
- 1522 sft
8500 Reed Rd, New Lothrop, MI, 48460
$ 475,000
ROI
21.1Cash Flow/m
177- 4 Bed
- 4 Bath
- 4420 sft
17831 Lincoln Rd, New Lothrop, MI, 48460
$ 278,000
ROI
19.9Cash Flow/m
11- 2 Bed
- 2 Bath
- 2004 sft
17260 East Rd, New Lothrop, MI, 48460
Why Invest in New Lothrop, Michigan?
Investing in New Lothrop, MI properties under $500k offers a promising entry into a stable market with affordable prices. This area features an average ROI of 7%, rental yields around 8%, and a cap rate near 6%, making it appealing for rental property investors. Average cash flow is positive, supported by steady appreciation and a renter-occupied rate of 55%. The local economy's resilience and manageable entry costs create great potential for sustainable income and long-term growth.
7%
Avg. ROI
8%
Rental Yield
6%
Cap Rate
$400/mo
Avg. Cash Flow
$900/mo
Avg. Rent
2%
1Y Appreciation
Frequently Asked Questions
Properties under $500k in New Lothrop typically include single-family homes and small multi-family units, ideal for investors seeking affordable entry points in a stable market.
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