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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Sawyer, MI
Listed for sale 7 days ago
$ 189,900
ROI
24.0
Cash Flow/m
223- 3 Bed
- 1 Bath
- 900 sft
12348 Spruce St, Sawyer, MI, 49125
$ 330,000
ROI
26.7Cash Flow/m
637- 2 Bed
- 1 Bath
- 1318 sft
12770 S Wolcott Ave, Sawyer, MI, 49125
$ 489,900
ROI
31.1Cash Flow/m
1545- 5 Bed
- 2 Bath
- 1800 sft
6484 Sawyer Rd, Sawyer, MI, 49125
$ 449,500
ROI
24.8Cash Flow/m
636- 3 Bed
- 2 Bath
- 1 sft
12449 California Rd, Sawyer, MI, 49125
Why Invest in Sawyer, Michigan?
Investing in Sawyer, MI properties under $500k offers a strategic opportunity to capitalize on a growing rental market with stable cap rates averaging around 6%. The area's average ROI of 8% and rental yields near 7% highlight its appeal for investors seeking solid cash flow, supported by an average monthly rent of $1,200. Moderate appreciation around 3% further strengthens investment potential in this scenic Michigan location.
8%
Avg. ROI
7%
Rental Yield
6%
Cap Rate
$350/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The Sawyer market under $500k mostly includes single-family homes, townhouses, and smaller multifamily units, offering diverse options for investors. These properties generally appeal to renters seeking affordable living spaces.
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