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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Black River, MI
Airbnb Potential
Rental Income
$ 125,000
ROI
24.9
Cash Flow/m
180- 2 Bed
- 1 Bath
- 780 sft
3725 E Cedar Dr, Black River, MI, 48721
$ 179,900
ROI
34.0Cash Flow/m
711- 3 Bed
- 2 Bath
- 1300 sft
3507 N Debra Ln, Black River, MI, 48721
$ 129,900
ROI
24.4Cash Flow/m
166- 4 Bed
- 1 Bath
- 1750 sft
4880 E Black River Rd, Black River, MI, 48721
$ 150,000
ROI
27.2Cash Flow/m
312- 3 Bed
- 2 Bath
- 1420 sft
5348 Alger Smith Rd, Black River, MI, 48721
Why Invest in Black River, Michigan?
Investing in under $200k properties in Black River, MI offers a unique opportunity to tap into affordable real estate with solid rental yields averaging around 7%. The local market benefits from a cap rate of approximately 6.5% and an average cash flow of $800 monthly. Appreciation rates remain steady near 3%, supported by a renter-occupied rate exceeding 60%. This makes it an attractive prospect for investors focusing on value-driven entry points in Michigan.
8%
Avg. ROI
7%
Rental Yield
6.5%
Cap Rate
$800/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield for under $200k properties in Black River is approximately 7%, making these investments attractive for steady cash flow.
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