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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Bitely, MI
Listed for sale 5 days ago
$ 159,900
ROI
25.5
Cash Flow/m
254- 1 Bed
- 1 Bath
- 480 sft
13171 Kt Dr, Bitely, MI, 49309
$ 189,000
ROI
22.2Cash Flow/m
130- 2 Bed
- 1 Bath
- 720 sft
1203 W Channel St, Bitely, MI, 49309
$ 149,000
ROI
24.0Cash Flow/m
177- 2 Bed
- 1 Bath
- 1720 sft
3803 Underwood Dr, Bitely, MI, 49309
$ 130,000
ROI
23.6Cash Flow/m
138- 3 Bed
- 1 Bath
- 1078 sft
2471 W Twelve Mile Rd, Bitely, MI, 49309
Why Invest in Bitely, Michigan?
Investing in Bitely, MI under $200K presents attractive opportunities for budget-conscious real estate investors. This area offers an average ROI of around 7%, supported by a rental yield of 6%, alongside cap rates near 7.5%. Average cash flow remains positive due to affordable property prices with average rents approximately $900 monthly. Appreciation trends show promising steady growth, while renter occupancy rates are healthy, reflecting local demand.
7%
Avg. ROI
6%
Rental Yield
7.5%
Cap Rate
$120/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
Properties under $200k in Bitely offer attractive cap rates around 7.5% and positive cash flow, making them ideal for investors seeking affordable entry points with stable rental demand.
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