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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High ROI Investment Properties for Sale in Newberry, MI
Listed for sale 3 days ago
$ 119,900
ROI
24.7
Cash Flow/m
166- 3 Bed
- 1 Bath
- 1120 sft
13794 Turnbull Ave, Newberry, MI, 49868
Rental Income
Listed for sale 3 days ago
$ 125,000
ROI
24.1Cash Flow/m
151- 5 Bed
- 2 Bath
- 1400 sft
406 E Avenue A, Newberry, MI, 49868
Listed for sale 4 days ago
$ 209,000
ROI
25.9Cash Flow/m
355- 2 Bed
- 1 Bath
- 624 sft
14018 Charcoal Grade Rd, Newberry, MI, 49868
Listed for sale 5 days ago
$ 149,000
ROI
23.3Cash Flow/m
147- 2 Bed
- 1 Bath
- 1026 sft
612 W Harrie St, Newberry, MI, 49868
Why Invest in Newberry, Michigan?
Investing in high ROI properties in Newberry, MI offers promising returns for real estate investors. This area features an average ROI of 8.2%, with rental yields around 7%, making it an attractive market for cash flow. The cap rate stands at a solid 6.5%, complemented by an average monthly cash flow of $450. The average rent is $850, and property appreciation remains steady at 3% annually, supported by a renter-occupied rate near 60%.
8.2%
Avg. ROI
7%
Rental Yield
6.5%
Cap Rate
$450/mo
Avg. Cash Flow
$850/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield for high ROI properties in Newberry is around 7%, reflecting healthy rental income relative to property values.
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