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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Casnovia, MI
$ 129,000
ROI
24.9
Cash Flow/m
185- 2 Bed
- 1 Bath
- 684 sft
942 Shaw Rd, Casnovia, MI, 49318
$ 145,000
ROI
32.3Cash Flow/m
504- - Bed
- - Bath
- - sft
110 Mill St, Casnovia, MI, 49318
$ 119,900
ROI
39.9Cash Flow/m
671- - Bed
- - Bath
- - sft
Newaygo Rd, Casnovia, MI, 49318
$ 179,900
ROI
29.9Cash Flow/m
508- 3 Bed
- 2 Bath
- 1456 sft
295 Shaw Rd, Casnovia, MI, 49318
Why Invest in Casnovia, Michigan?
Investing in Casnovia, MI properties priced under $200k offers a strong opportunity to tap into a growing local market. The region currently sees an average ROI of 7%, with rental yields around 6%, reflecting stable tenant demand. Cap rates remain attractive near 7.5%, supporting solid cash flow averaging $750 monthly. Appreciation forecasts are moderate at 3%, making it ideal for balanced investment growth with renter occupancy close to 60%.
7%
Avg. ROI
6%
Rental Yield
7.5%
Cap Rate
$750/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
Properties under $200k in Casnovia offer attractive ROI around 7% with solid rental yield and cash flow potential, making it a promising market for new investors.
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