Under $500K Investment Properties for Sale in Whittemore, MI
$ 299,000
ROI
20.0
Cash Flow/m
18- 4 Bed
- 2 Bath
- 1392 sft
7030 M 55, Whittemore, MI, 48770
$ 299,900
ROI
24.5Cash Flow/m
397- 4 Bed
- 3 Bath
- 1600 sft
6658 Old State Rd, Whittemore, MI, 48770
$ 269,900
ROI
22.1Cash Flow/m
180- 3 Bed
- 2 Bath
- 1200 sft
7734 Partlo Rd, Whittemore, MI, 48770
$ 169,900
ROI
23.5Cash Flow/m
176- 2 Bed
- 1 Bath
- 1030 sft
82 Park Lane Dr, 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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