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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
$ 350,000
ROI
20.1
Cash Flow/m
36- 1 Bed
- 1 Bath
- 1142 sft
8941 S Lake St, Newaygo, MI, 49337
Listed for sale 5 days ago
$ 285,000
ROI
24.6Cash Flow/m
387- 3 Bed
- 2 Bath
- 1500 sft
8365 S Greenwood Ln, Newaygo, MI, 49337
$ 279,900
ROI
21.3Cash Flow/m
118- 5 Bed
- 2 Bath
- 2348 sft
27 W Wood St, Newaygo, MI, 49337
Fix & Flip
$ 275,000
ROI
22.1Cash Flow/m
182- 4 Bed
- 2 Bath
- 1685 sft
100 W Brooks St, 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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