Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Applegate, MI
Listed for sale 4 days ago
$ 199,900
ROI
21.8
Cash Flow/m
113- 3 Bed
- 1 Bath
- 1300 sft
2649 S Sherman Rd, Applegate, MI, 48401
Airbnb Potential
$ 120,000
ROI
23.3Cash Flow/m
119- 2 Bed
- 1 Bath
- 720 sft
7171 Suerwier Rd, Applegate, MI, 48401
$ 105,900
ROI
23.9Cash Flow/m
122- 4 Bed
- 1 Bath
- 1156 sft
2400 S Sherman Rd, Applegate, MI, 48401
$ 189,900
ROI
33.2Cash Flow/m
711- - Bed
- - Bath
- - sft
Holverson Rd, Applegate, MI, 48401
Why Invest in Applegate, Michigan?
Investing in Applegate, MI under $200k offers a unique opportunity to capitalize on affordable properties with promising returns. The area boasts an average ROI of 7%, supported by a rental yield of 6% and a cap rate near 5%. Average cash flow remains positive, reflecting solid rental demand with an average rent of $850. Appreciation rates around 2.5% indicate stable growth prospects in this Michigan locale.
7%
Avg. ROI
6%
Rental Yield
5%
Cap Rate
$350/mo
Avg. Cash Flow
$850/mo
Avg. Rent
2.5%
1Y Appreciation
Frequently Asked Questions
Under $200k, investors can typically find single-family homes and small multi-family units suitable for rental. These properties offer affordable entry points into the real estate market with potential for steady cash flow.
Find Your Perfect Investment Property in Applegate, Michigan
Explore investment opportunities by strategy, performance, or property type
