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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K 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 5 days ago
$ 149,000
ROI
23.3Cash Flow/m
147- 2 Bed
- 1 Bath
- 1026 sft
612 W Harrie St, Newberry, MI, 49868
$ 134,900
ROI
23.9Cash Flow/m
154- 3 Bed
- 2 Bath
- 1300 sft
7008 Campbell Ave, 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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