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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

$ 289,000
ROI
20.6
Cash Flow/m
71- 4 Bed
- 2 Bath
- 2713 sft
W5636 Crescent St, Norway, MI, 49870

$ 149,900
ROI
24.8
Cash Flow/m
210- 3 Bed
- 1 Bath
- 1540 sft
423 Brown St, Norway, MI, 49870

$ 219,900
ROI
27.6
Cash Flow/m
478- 4 Bed
- 2 Bath
- 1434 sft
1328 6th Ave, Norway, MI, 49870

$ 104,400
ROI
59.7
Cash Flow/m
1162- 5 Bed
- 2 Bath
- 1792 sft
707 Maple 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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