Under $200K Investment Properties for Sale in Boyne City, MI
$ 141,995
ROI
24.0
Cash Flow/m
169- 3 Bed
- 2 Bath
- 1512 sft
43 Max St #43, Boyne City, MI, 49712
$ 199,900
ROI
24.5Cash Flow/m
261- 2 Bed
- 2 Bath
- 2000 sft
1385 Dam Rd, Boyne city, MI, 49712
$ 141,995
ROI
23.5Cash Flow/m
149- 3 Bed
- 2 Bath
- 1512 sft
43 Max St Plan, Fox Run, Boyne City, MI, 49712
$ 140,995
ROI
24.0Cash Flow/m
165- 3 Bed
- 2 Bath
- 1456 sft
45 Max St #45, Boyne City, MI, 49712
Why Invest in Boyne City, Michigan?
Investing in Boyne City, MI properties under $200k offers a unique opportunity to tap into a stable market with solid rental yields and competitive cap rates. The area shows an average ROI of 8% driven by a growing population and increasing renter occupancy. With average cash flow around $850 monthly and steady appreciation of 3%, it's attractive for budget-conscious investors. Rental demand remains strong supported by local economic growth and a thriving tourism sector.
8%
Avg. ROI
6.5%
Rental Yield
7%
Cap Rate
$850/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
Properties under $200k typically include single-family homes, small condos, and townhouses. Many homes are suitable for rentals and first-time investors seeking affordable entry points.
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