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


265- 2 Bed
- 1 Bath
- 960 sft


136- - Bed
- - Bath
- 2000 sft


118- - Bed
- - Bath
- 1500 sft


256- - Bed
- 1 Bath
- 432 sft
Why Invest in Bellaire, Michigan?
Investing in Bellaire, MI properties under $200k offers a unique opportunity in a growing market. The area shows a solid average ROI of 7.5% with rental yields around 6%, making it attractive for rental property investors. Cap rates average 6.8% while cash flow remains steady with around $850 monthly rent. Appreciating at roughly 3% annually, Bellaire presents stable growth potential supported by a renter-occupied rate of 65%. These metrics reflect a balanced investment environment ideal for budget-conscious investors seeking steady returns.
Frequently Asked Questions
Properties under $200k in Bellaire typically include single-family homes and small multi-family units, suitable for investors looking for affordable entry points in the local market.
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