Under $500K Investment Properties for Sale in South Haven, MI

Listed for sale 5 days ago
$ 220,000
ROI
21.1
Cash Flow/m
80- 3 Bed
- 1 Bath
- 1162 sft
271 66th St, South Haven, MI, 49090

Listed for sale 7 days ago
$ 450,000
ROI
26.6
Cash Flow/m
863- 3 Bed
- 2 Bath
- 2618 sft
531 Lyon St, South Haven, MI, 49090

$ 349,900
ROI
20.9
Cash Flow/m
107- 3 Bed
- 2 Bath
- 1680 sft
18 72nd St, South Haven, MI, 49090

$ 379,000
ROI
27.3
Cash Flow/m
793- 2 Bed
- 2 Bath
- 1569 sft
826 Phoenix St, South Haven, MI, 49090
Why Invest in South Haven, Michigan?
Investing in properties under $500k in South Haven, MI offers a unique opportunity to tap into a stable rental market with solid average cash flow and attractive rental yields. This charming lakeside city boasts a cap rate around 7% and a consistent appreciation trend. The renter-occupied rate remains strong, reflecting steady demand. Coupled with a growing local economy and employment opportunities, South Haven is favorable for real estate investors seeking balanced returns.
8%
Avg. ROI
6.5%
Rental Yield
7%
Cap Rate
$600/mo
Avg. Cash Flow
$1100/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield for properties priced under $500k in South Haven is around 6.5%, reflecting healthy rental demand in the area.
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