Under $200K Investment Properties for Sale in Cassopolis, MI
Fix & Flip
Listed for sale 4 days ago
$ 150,000
ROI
27.7
Cash Flow/m
331- 3 Bed
- 2 Bath
- 1664 sft
25114 Hospital St, Cassopolis, MI, 49031
Listed for sale 6 days ago
$ 150,000
ROI
27.7Cash Flow/m
331- 3 Bed
- 2 Bath
- 1865 sft
222 N Rowland St, Cassopolis, MI, 49031
$ 139,900
ROI
24.2Cash Flow/m
173- 3 Bed
- 1 Bath
- 912 sft
324 S East St, Cassopolis, MI, 49031
$ 149,000
ROI
24.2Cash Flow/m
184- 2 Bed
- 1 Bath
- 896 sft
128 N East St, Cassopolis, MI, 49031
Why Invest in Cassopolis, Michigan?
Investing in Cassopolis, MI under $200K offers an affordable entry into a stable Michigan real estate market. The area features an average cap rate around 7%, with rental yields near 9%, presenting strong cash flow potential. Appreciation rates hover near 3% annually, supporting long-term growth. Approximately 55% of homes are renter-occupied, making it ideal for buy-to-rent investors targeting budget-conscious tenants.
8.5%
Avg. ROI
9%
Rental Yield
7%
Cap Rate
$500/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
Properties under $200K in Cassopolis typically include single-family homes and smaller multi-family units. These offer opportunities for affordable rental investments with steady demand.
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