Under $200K Investment Properties for Sale in Bath, MI

Investing in Bath, MI properties under $200k offers a promising opportunity for real estate investors seeking affordable entry points. This local market presents an average ROI of 7%, supported by a rental yield of roughly 6%, making it attractive for stable cash flows. The cap rate hovers near 6.5%, indicating competitive returns in a growing community. Average rents stand around $950 per month, with consistent appreciation rates of 2.5%, reflecting positive market trends. Approximately 38% of homes are renter-occupied, underscoring a healthy rental demand in Bath for properties within this price range.