Under $200K Investment Properties for Sale in Chatham, MI
128- 2 Bed
- 1 Bath
- 802 sft
158- 3 Bed
- 2 Bath
- 1842 sft
109- 2 Bed
- 1 Bath
- 1930 sft
119- 3 Bed
- 2 Bath
- 1296 sft
143- 3 Bed
- 1 Bath
- 1000 sft
145- 2 Bed
- 1 Bath
- 720 sft
128- 3 Bed
- 1 Bath
- 1485 sft
141- 2 Bed
- 1 Bath
- 1080 sft
- 3 Bed
- 2 Bath
- 1244 sft
129- 2 Bed
- 1 Bath
- 1320 sft
140- 2 Bed
- 1 Bath
- 804 sft
141- 3 Bed
- 1 Bath
- 1208 sft
91- 2 Bed
- 1 Bath
- 778 sft
134- - Bed
- - Bath
- - sft
- 1 Bed
- 1 Bath
- 793 sft
326- 2 Bed
- 2 Bath
- - sft
130- 2 Bed
- 1 Bath
- 696 sft
117- 3 Bed
- 1 Bath
- 960 sft
- 1 Bed
- 1 Bath
- 596 sft
144- 2 Bed
- 1 Bath
- 874 sft
123- 2 Bed
- 2 Bath
- 969 sft
135- 2 Bed
- 1 Bath
- 1031 sft
98- 2 Bed
- 1 Bath
- 1040 sft
122- - Bed
- - Bath
- 1296 sft
-- 3 Bed
- 2 Bath
- 1056 sft
139- 3 Bed
- 1 Bath
- 929 sft
Why Invest in Chatham, Michigan?
Investing in Chatham, MI with properties under $200k offers a unique opportunity for affordable entry into the Michigan real estate market. This filter highlights budget-friendly homes with an average ROI of 7.8%, supported by a rental yield close to 8%. The area's cap rate of 6.2% and average cash flow of $550 make it an attractive market for investors seeking stable income. Median rent prices average $950, underpinning consistent demand in renter-occupied homes, which account for nearly 48% of the housing market. Steady home appreciation at 3.5% adds to long-term investment prospects.
Frequently Asked Questions
Properties under $200k in Chatham commonly yield an average ROI of about 7.8% with rental yields nearing 8%. This makes them suitable for investors seeking affordable yet stable income opportunities.
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