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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Whitehall, MI
$ 237,000
ROI
24.7
Cash Flow/m
325- 3 Bed
- 1 Bath
- 1119 sft
4526 W Bard Rd, Whitehall, MI, 49461
$ 249,900
ROI
29.9Cash Flow/m
702- 3 Bed
- 2 Bath
- 1848 sft
913 E Lewis St, Whitehall, MI, 49461
$ 275,000
ROI
27.6Cash Flow/m
602- 3 Bed
- 2 Bath
- 2238 sft
936 S Division St, Whitehall, MI, 49461
$ 189,000
ROI
24.4Cash Flow/m
242- 3 Bed
- 1 Bath
- 960 sft
3036 W Lakewood Rd, Whitehall, MI, 49461
Why Invest in Whitehall, Michigan?
Investing in Whitehall, MI under $300k offers a unique opportunity to enter a stable Midwestern market with affordable homes. The area features an average ROI of 7%, supported by a rental yield of 6.2% and a cap rate near 5%. With an average cash flow of $250 and rising appreciation rates at 3.5%, this locale is ideal for investors targeting mid-range budgets. The renter-occupied rate sits at 45%, indicating a strong rental market fueled by local demand.
7%
Avg. ROI
6.2%
Rental Yield
5%
Cap Rate
$250/mo
Avg. Cash Flow
$850/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
The average rent for properties under $300k in Whitehall, MI is approximately $850 per month, providing good rental income potential for investors.
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