Under $300K 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 Newberry, MI under $300k offers a unique opportunity to capitalize on affordable real estate with promising rental yields. This niche market caters well to investors seeking steady cash flow with an average ROI of around 7%. Newberry's rental market is supported by a renter-occupied rate near 35%, and moderate appreciation rates suggest stable long-term growth. Investors can expect cap rates above 8%, indicating strong income potential compared to other Michigan markets.
7%
Avg. ROI
8.5%
Rental Yield
8.3%
Cap Rate
$700/mo
Avg. Cash Flow
$900/mo
Avg. Rent
2%
1Y Appreciation
Frequently Asked Questions
Newberry offers affordable properties with strong rental yields and cap rates above 8%, ideal for investors seeking steady cash flow in a stable rural market.
Find Your Perfect Investment Property in Newberry, Michigan
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