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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Charlotte, MI
Listed for sale 6 days ago
$ 155,000
ROI
24.0
Cash Flow/m
183- 3 Bed
- 2 Bath
- 1175 sft
231 N Sheldon St, Charlotte, MI, 48813
$ 149,900
ROI
23.2Cash Flow/m
143- 3 Bed
- 2 Bath
- - sft
1184 Maple Leaf Ct, Charlotte, MI, 48813
$ 174,900
ROI
24.7Cash Flow/m
240- 4 Bed
- 2 Bath
- 2608 sft
333 E Lawrence Ave, Charlotte, MI, 48813
$ 151,900
ROI
23.2Cash Flow/m
146- 2 Bed
- 1 Bath
- 816 sft
508 Johnson St, Charlotte, MI, 48813
Why Invest in Charlotte, Michigan?
Investing in Charlotte, MI under 200k offers a solid entry point to a growing market with notable rental yields. The city shows an average ROI of around 7% and a cap rate near 6%, signaling steady cash flow for investors. Rental demand is strong with a renter-occupied rate of 45%, and average rents hover around $850 per month. These metrics make Charlotte a compelling location for budget-conscious real estate investors seeking stable appreciation and cash flow.
7%
Avg. ROI
6.5%
Rental Yield
6%
Cap Rate
$350/mo
Avg. Cash Flow
$850/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield for investment properties under 200k in Charlotte is approximately 6.5%, providing a solid return for investors on rental income.
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