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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Whittemore, MI
$ 169,900
ROI
23.5
Cash Flow/m
176- 2 Bed
- 1 Bath
- 1030 sft
82 Park Lane Dr, Whittemore, MI, 48770
$ 165,000
ROI
29.6Cash Flow/m
453- 2 Bed
- 1 Bath
- 1200 sft
5745 Carpenter Rd, Whittemore, MI, 48770
$ 179,900
ROI
31.4Cash Flow/m
585- 3 Bed
- 1 Bath
- 1462 sft
5810 Whittemore Rd, Whittemore, MI, 48770
$ 164,900
ROI
27.0Cash Flow/m
335- 3 Bed
- 1 Bath
- 1248 sft
311 W State St, Whittemore, MI, 48770
Why Invest in Whittemore, Michigan?
Investing in Whittemore, MI under $300k offers access to affordable properties with steady rental demand. The area shows a moderate average ROI of 7%, with a rental yield of 6.5%, and cap rates around 7%. Average cash flow remains positive for investors focusing on entry-level properties. Appreciation rates are stable, supported by a renter-occupied rate near 55%, indicating a healthy rental market for small investors.
7%
Avg. ROI
6.5%
Rental Yield
7%
Cap Rate
$150/mo
Avg. Cash Flow
$850/mo
Avg. Rent
2.5%
1Y Appreciation
Frequently Asked Questions
Most properties under $300k in Whittemore are single-family homes and smaller multi-family units ideal for first-time investors. These properties often require moderate maintenance and offer good rental potential.
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