Under $500K Investment Properties for Sale in White Pine, MI
188- 4 Bed
- 2 Bath
- 1956 sft
710- 5 Bed
- 2 Bath
- 2870 sft
115- 2 Bed
- 1 Bath
- 1930 sft
109- 3 Bed
- 2 Bath
- 1296 sft
143- 3 Bed
- 1 Bath
- 1000 sft
145- 2 Bed
- 1 Bath
- 720 sft
128- 3 Bed
- 1 Bath
- 1485 sft
141- 2 Bed
- 1 Bath
- 1080 sft
- 3 Bed
- 2 Bath
- 1244 sft
129- 2 Bed
- 1 Bath
- 1320 sft
140- 2 Bed
- 1 Bath
- 804 sft
141- 3 Bed
- 1 Bath
- 1208 sft
91- 2 Bed
- 1 Bath
- 778 sft
134- - Bed
- - Bath
- - sft
- 1 Bed
- 1 Bath
- 793 sft
326- 2 Bed
- 2 Bath
- - sft
130- 2 Bed
- 1 Bath
- 696 sft
117- 3 Bed
- 1 Bath
- 960 sft
- 1 Bed
- 1 Bath
- 596 sft
144- 2 Bed
- 1 Bath
- 874 sft
123- 2 Bed
- 2 Bath
- 969 sft
135- 2 Bed
- 1 Bath
- 1031 sft
98- 2 Bed
- 1 Bath
- 1040 sft
122- - Bed
- - Bath
- 1296 sft
-- 3 Bed
- 2 Bath
- 1056 sft
139- 3 Bed
- 1 Bath
- 929 sft
Why Invest in White Pine, Michigan?
Investing in White Pine, MI under $500k offers an attractive entry into Michigan's Northern real estate market. The area has an average ROI of 7.2% and stable rental yield around 6.5%, making it ideal for budget-conscious investors. Cap rates hover near 8%, with average cash flow positive for single-family homes. Appreciation rates have been consistent at 3% annually, supported by a growing renter-occupied rate of 52%. This combination supports steady income potential and long-term value growth in White Pine.
Frequently Asked Questions
Most properties under $500k in White Pine are single-family homes and small multi-family units. These properties typically offer good rental income potential due to moderate local demand.
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