Investment Properties Under $500K in Whittemore, MI | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Under $500K Investment Properties for Sale in Whittemore, MI

Property at 82 Park Lane Dr, Whittemore, MI
$ 169,900
ROI
23.5ROI percentage
Cash Flow/m
Dollar sign176
  • 2 Bed
  • 1 Bath
  • 1030 sft
82 Park Lane Dr, Whittemore, MI, 48770
Property at 5745 Carpenter Rd, Whittemore, MI
$ 165,000
ROI
29.6ROI percentage
Cash Flow/m
Dollar sign453
  • 2 Bed
  • 1 Bath
  • 1200 sft
5745 Carpenter Rd, Whittemore, MI, 48770
Property at 5810 Whittemore Rd, Whittemore, MI
$ 179,900
ROI
31.4ROI percentage
Cash Flow/m
Dollar sign585
  • 3 Bed
  • 1 Bath
  • 1462 sft
5810 Whittemore Rd, Whittemore, MI, 48770
Property at 311 W State St, Whittemore, MI
$ 164,900
ROI
27.0ROI percentage
Cash Flow/m
Dollar sign335
  • 3 Bed
  • 1 Bath
  • 1248 sft
311 W State St, Whittemore, MI, 48770

Why Invest in Whittemore, Michigan?

Investing in Whittemore, MI under $500k offers a rare opportunity for budget-conscious investors seeking steady returns. The market shows an average ROI of 6.2% with rental yields near 8%, reflecting strong rental demand in this northern Michigan community. Cap rates hover around 7%, indicative of healthy profitability. Cash flow averages $350 monthly, supported by stable appreciation rates of 3% annually. Renter occupancy remains high at 78%, making Whittemore an attractive small-town investment hub.

6.2%
Avg. ROI
8%
Rental Yield
7%
Cap Rate
$350/mo
Avg. Cash Flow
$850/mo
Avg. Rent
3%
1Y Appreciation

Frequently Asked Questions

The average rental yield for properties under $500k in Whittemore is around 8%, reflecting strong rental demand and reasonable purchase prices.

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