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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Norway, MI
Listed for sale 1 day ago
$ 189,900
ROI
23.2
Cash Flow/m
180- 3 Bed
- 1 Bath
- 1840 sft
501 Iron St, Norway, MI, 49870
Listed for sale 2 days ago
$ 135,000
ROI
23.4Cash Flow/m
136- 4 Bed
- 2 Bath
- 1992 sft
707 Walnut St, Norway, MI, 49870
Listed for sale 7 days ago
$ 120,000
ROI
24.0Cash Flow/m
142- 2 Bed
- 1 Bath
- 720 sft
310 Main St, Norway, MI, 49870
$ 155,000
ROI
23.4Cash Flow/m
156- 3 Bed
- 2 Bath
- 1228 sft
717 Section St, Norway, MI, 49870
Why Invest in Norway, Michigan?
Investing in Norway, MI real estate under $300K offers affordable entry points in a stable market. This filter highlights properties with attractive cap rates and consistent rental yields averaging around 7%. Appreciation trends show moderate growth, while rental demand remains strong with over 55% renter occupancy. Cash flow opportunities exist due to reasonable property prices combined with average rents near $850 per month.
7.2%
Avg. ROI
6.8%
Rental Yield
7%
Cap Rate
$250/mo
Avg. Cash Flow
$850/mo
Avg. Rent
2.5%
1Y Appreciation
Frequently Asked Questions
Properties under $300k in Norway, MI typically include single-family homes and small multifamily units suitable for small investors or first-time buyers.
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