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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Newaygo, MI

Listed for sale 2 days ago
$ 199,900
ROI
23.3
Cash Flow/m
195- 2 Bed
- 2 Bath
- 1330 sft
8943 E 36th St, Newaygo, MI, 49337

Airbnb Potential
Listed for sale 2 days ago
$ 165,000
ROI
23.7
Cash Flow/m
183- 3 Bed
- 2 Bath
- 1198 sft
5932 E Partridge Ln, Newaygo, MI, 49337

Fix & Flip
Airbnb Potential
Listed for sale 6 days ago
$ 120,000
ROI
24.6
Cash Flow/m
163- 1 Bed
- 1 Bath
- 800 sft
4038 3rd Ave, Newaygo, MI, 49337

$ 244,900
ROI
28.6
Cash Flow/m
605- 4 Bed
- 1 Bath
- 2166 sft
7615 S Croton Hardy Dr, Newaygo, MI, 49337
Why Invest in Newaygo, Michigan?
Investing in Newaygo, MI under $500k offers a promising opportunity in a growing market. This region features an average ROI of 7.5%, rental yields around 8%, and a cap rate of 6.5%, making it attractive to investors prioritizing cash flow and appreciation potential. The average cash flow is $450 monthly with an average rent of $950, supported by a renter occupancy rate of 58%. These metrics reflect a solid balance between affordability and profitability.
7.5%
Avg. ROI
8%
Rental Yield
6.5%
Cap Rate
$450/mo
Avg. Cash Flow
$950/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
Yes, properties under $500k in Newaygo offer attractive ROI and rental yields, supported by stable economic and housing market conditions that favor steady cash flow and appreciation.
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