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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K 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 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.
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