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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Bad Axe, MI

$ 105,000
ROI
24.1
Cash Flow/m
126- 3 Bed
- 1 Bath
- 1521 sft
320 N Port Crescent St, Bad Axe, MI, 48413

$ 160,000
ROI
21.8
Cash Flow/m
92- 3 Bed
- 2 Bath
- 2100 sft
212 W South St, Bad axe, MI, 48413

$ 154,900
ROI
23.0
Cash Flow/m
142- 3 Bed
- 2 Bath
- 1104 sft
292 Nugent Rd, Bad Axe, MI, 48413

$ 184,500
ROI
27.6
Cash Flow/m
405- 3 Bed
- 1 Bath
- 1092 sft
245 Weitzel Dr, Bad Axe, MI, 48413
Why Invest in Bad Axe, Michigan?
Investing in Bad Axe, MI under $200k offers a promising opportunity in a stable Midwestern market. The area features an average rental yield of 7.5%, a cap rate around 6.8%, and steady appreciation rates near 2% annually. With an average ROI of 8% and a renter-occupied rate of 55%, investors seeking affordable properties with cash flow potential will find this market attractive. Average rents remain accessible, supporting tenant demand in this community-focused locale.
8%
Avg. ROI
7.5%
Rental Yield
6.8%
Cap Rate
$700/mo
Avg. Cash Flow
$750/mo
Avg. Rent
2%
1Y Appreciation
Frequently Asked Questions
Most properties under $200k in Bad Axe are single-family homes and small multi-family units. These typically appeal to investors seeking affordable entry points with strong rental potential.
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