Under $500K 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 properties under $500k offers a unique opportunity for steady rental income with affordable entry points. The area's average rental yield stands at a solid 7%, while investors can expect an average ROI of 8%. Cap rates hover around 6.5%, supporting healthy cash flow. Appreciation rates remain stable, reflecting gradual property value growth suitable for long-term investment.
8%
Avg. ROI
7%
Rental Yield
6.5%
Cap Rate
$700/mo
Avg. Cash Flow
$850/mo
Avg. Rent
2%
1Y Appreciation
Frequently Asked Questions
Properties under $500k in Newberry primarily include single-family homes and small multi-family units, suitable for rental investments or owner-occupancy.
Find Your Perfect Investment Property in Newberry, Michigan
Explore investment opportunities by strategy, performance, or property type
