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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
Listed for sale 5 days ago
$ 249,900
ROI
22.1
Cash Flow/m
163- 4 Bed
- 1 Bath
- 1735 sft
2450 Benston Rd, Whitehall, MI, 49461
$ 299,000
ROI
27.7Cash Flow/m
663- 3 Bed
- 2 Bath
- 1515 sft
1403 S Mears Ave, Whitehall, MI, 49461
$ 200,000
ROI
23.9Cash Flow/m
229- 2 Bed
- 1 Bath
- 966 sft
1624 Collier Dr W, Whitehall, MI, 49461
Fix & Flip
$ 240,000
ROI
27.0Cash Flow/m
484- 3 Bed
- 1 Bath
- 1346 sft
4214 White Lake Dr, 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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