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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Caseville, MI
Listed for sale 1 day ago
$ 112,900
ROI
24.6
Cash Flow/m
153- 2 Bed
- 2 Bath
- 1088 sft
Shady Lane Rd, Caseville, MI, 48725
Listed for sale 5 days ago
$ 189,000
ROI
23.9Cash Flow/m
215- 3 Bed
- 2 Bath
- 1152 sft
5739 Port Austin Rd, Caseville, MI, 48725
Listed for sale 6 days ago
$ 150,000
ROI
23.0Cash Flow/m
136- 3 Bed
- 2 Bath
- 1659 sft
4137 Port Austin Rd, Caseville, MI, 48725
Listed for sale 7 days ago
$ 194,900
ROI
21.9Cash Flow/m
114- 2 Bed
- 1 Bath
- 738 sft
6024 Port Austin Rd #6, Caseville, MI, 48725
Why Invest in Caseville, Michigan?
Investing in Caseville, MI properties under $200k offers affordable entry points in a stable market. With rental yields averaging around 7%, investors can expect solid cash flow combined with a cap rate near 6%. The area's average rent is approximately $900, supporting consistent rental income. Appreciation rates remain modest yet positive, making it a prudent option for steady growth and income generation.
8%
Avg. ROI
7%
Rental Yield
6%
Cap Rate
$400/mo
Avg. Cash Flow
$900/mo
Avg. Rent
2%
1Y Appreciation
Frequently Asked Questions
Most properties under $200k in Caseville are single-family homes and some small duplexes, ideal for first-time investors or those seeking affordable rental units.
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