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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Carleton, MI
Listed for sale 3 days ago
$ 109,900
ROI
23.3
Cash Flow/m
108- 3 Bed
- 2 Bath
- 1920 sft
13505 Market St, Carleton, MI, 48117
Fix & Flip
$ 159,000
ROI
24.8Cash Flow/m
223- 3 Bed
- 1 Bath
- 1900 sft
6718 Colf Rd, Carleton, MI, 48117
Fix & Flip
$ 170,000
ROI
23.3Cash Flow/m
167- 3 Bed
- 1 Bath
- 1008 sft
12033 Crossman Rd, Carleton, MI, 48117
$ 118,900
ROI
20.4Cash Flow/m
20- 4 Bed
- 3 Bath
- - sft
328 Swan Creek Dr #328SW, Carleton, MI, 48117
Why Invest in Carleton, Michigan?
Investing in Carleton, MI properties under $200k offers an affordable entry into Michigan's growing real estate market. The area shows an average ROI of 6.1%, supported by a rental yield of 7.3% and cap rates around 5.2%. Investors can expect steady cash flow averaging $950 monthly, with appreciation rates near 3.2%. The renter-occupied rate of 38% highlights a healthy demand for rentals in this community.
6.1%
Avg. ROI
7.3%
Rental Yield
5.2%
Cap Rate
$950/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3.2%
1Y Appreciation
Frequently Asked Questions
Properties under $200k in Carleton primarily include single-family homes and small multi-family units. These options cater to investors looking for affordable entry points with solid rental demand.
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