Under $500K Investment Properties for Sale in White Pine, MI
188- 4 Bed
- 2 Bath
- 1956 sft
710- 5 Bed
- 2 Bath
- 2870 sft
96- 3 Bed
- 2 Bath
- 1248 sft
137- 2 Bed
- 1 Bath
- 884 sft
92- 2 Bed
- 1 Bath
- 1045 sft
114- 4 Bed
- 2 Bath
- 825 sft
103- 2 Bed
- 1 Bath
- 924 sft
- 3 Bed
- 2 Bath
- 1600 sft
137- 2 Bed
- 1 Bath
- 666 sft
122- 3 Bed
- 1 Bath
- 1800 sft
144- 3 Bed
- 1 Bath
- 1344 sft
94- 3 Bed
- 1 Bath
- 1010 sft
109- - Bed
- - Bath
- - sft
131- 3 Bed
- 3 Bath
- 1023 sft
108- 2 Bed
- 1 Bath
- 720 sft
127- 6 Bed
- 2 Bath
- 2388 sft
- 2 Bed
- 2 Bath
- 930 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
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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