Under $200K Investment Properties for Sale in Newberry, MI
Airbnb Potential
Listed for sale 2 days ago
$ 120,000
ROI
23.7
Cash Flow/m
132- 4 Bed
- 2 Bath
- 1200 sft
409 Handy St, Newberry, MI, 49868
Listed for sale 7 days ago
$ 179,900
ROI
23.3Cash Flow/m
178- 3 Bed
- 1 Bath
- 1180 sft
7425 Fisher Trl, Newberry, MI, 49868
$ 137,500
ROI
30.5Cash Flow/m
411- 2 Bed
- 1 Bath
- 992 sft
208 W Victory Way, Newberry, MI, 49868
$ 157,000
ROI
23.9Cash Flow/m
183- 3 Bed
- 1 Bath
- 1612 sft
7941 County Road 385, Newberry, MI, 49868
Why Invest in Newberry, Michigan?
Investing in affordable properties under $200k in Newberry, MI can offer strong rental yields and steady cash flow. Newberry's local market features an average ROI of 9%, with rental yields around 8%, supported by a cap rate of 7%. Investors benefit from moderate property appreciation and a renter-occupied rate nearing 65%. These metrics reflect Newberry’s potential for consistent income and portfolio diversification in northern Michigan.
9%
Avg. ROI
8%
Rental Yield
7%
Cap Rate
$850/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
Properties under $200k in Newberry typically include single-family homes, small multi-family units, and some older condos. These affordable options suit investors focused on rental income and steady appreciation.
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