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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
Currently Rented
Rental Income
Listed for sale 7 days ago
$ 124,900
ROI
35.4
Cash Flow/m
543- 4 Bed
- 2 Bath
- - sft
310 Horatio St, Charlotte, MI, 48813
$ 149,900
ROI
23.5Cash Flow/m
154- 3 Bed
- 1 Bath
- 1230 sft
6517 News Rd, Charlotte, MI, 48813
$ 185,000
ROI
28.9Cash Flow/m
471- 2 Bed
- 1 Bath
- 800 sft
9800 Boyer Rd, Charlotte, MI, 48813
$ 175,000
ROI
23.7Cash Flow/m
192- 3 Bed
- 2 Bath
- 1164 sft
116 E 1st 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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