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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Boyne City, MI
Listed for sale 2 days ago
$ 129,000
ROI
23.8
Cash Flow/m
143- 2 Bed
- 2 Bath
- 1093 sft
526 N Lake St Lot 24, Boyne City, MI, 49712
$ 139,995
ROI
23.5Cash Flow/m
146- 3 Bed
- 2 Bath
- 1500 sft
129 Arlo St #129, Boyne City, MI, 49712
$ 129,995
ROI
23.5Cash Flow/m
136- 3 Bed
- 2 Bath
- 1286 sft
60 Arlo St #60, Boyne City, MI, 49712
$ 129,995
ROI
23.4Cash Flow/m
132- 3 Bed
- 2 Bath
- 1286 sft
60 Arlo St Plan, Fox Run, 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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