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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Turner, MI
Listed for sale 4 days ago
$ 224,900
ROI
23.8
Cash Flow/m
251- 2 Bed
- 1 Bath
- 1452 sft
4438 Reynolds Rd, Turner, MI, 48765
$ 133,000
ROI
43.9Cash Flow/m
894- 5 Bed
- 1 Bath
- 1586 sft
153 North St, Turner, MI, 48765
$ 149,900
ROI
44.0Cash Flow/m
1013- - Bed
- - Bath
- - sft
2428 Stowell Rd, Turner, MI, 48765
$ 179,500
ROI
29.3Cash Flow/m
476- 3 Bed
- 1 Bath
- 1300 sft
1409 Crawford Rd, Turner, MI, 48765
Why Invest in Turner, Michigan?
Investing in Turner, MI under $500k offers attractive opportunities in a growing market. The area shows a solid average ROI of 7.5% and rental yields around 6.2%, indicating strong cash flow potential. Cap rates remain competitive at 5.4%, driven by increased renter occupancy nearing 68%. With appreciation rates around 3.5% annually, Turner is ideal for investors aiming for steady growth and reliable income.
7.5%
Avg. ROI
6.2%
Rental Yield
5.4%
Cap Rate
$350/mo
Avg. Cash Flow
$1100/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
Properties under $500k in Turner include single-family homes, townhomes, and some small multifamily units. These options cater to both owner-occupants and investors looking for rental income.
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