Under $200K Investment Properties for Sale in Chatham, MI
192- 2 Bed
- 1 Bath
- 1284 sft
128- 2 Bed
- 1 Bath
- 802 sft
158- 3 Bed
- 2 Bath
- 1842 sft
137- 3 Bed
- 1 Bath
- 1718 sft
-- 3 Bed
- 2 Bath
- 1200 sft
129- 3 Bed
- 1 Bath
- 1210 sft
102- 3 Bed
- 2 Bath
- 1008 sft
119- 2 Bed
- 1 Bath
- 1336 sft
127- 3 Bed
- 1 Bath
- 860 sft
128- 3 Bed
- 1 Bath
- 1043 sft
125- 2 Bed
- 1 Bath
- 1100 sft
104- 2 Bed
- 2 Bath
- 1064 sft
- 2 Bed
- 1 Bath
- 882 sft
-- 1 Bed
- 1 Bath
- 384 sft
140- 3 Bed
- 2 Bath
- 1344 sft
117- 4 Bed
- 2 Bath
- 1188 sft
127- 2 Bed
- 1 Bath
- 1129 sft
117- 3 Bed
- 1 Bath
- 1270 sft
102- 3 Bed
- 1 Bath
- - sft
104- 3 Bed
- 1 Bath
- 960 sft
- 3 Bed
- 2 Bath
- 1248 sft
- 1 Bed
- 1 Bath
- 707 sft
94- 2 Bed
- 2 Bath
- 896 sft
118- 3 Bed
- 2 Bath
- 1360 sft
99- 2 Bed
- 1 Bath
- 804 sft
112- 2 Bed
- 1 Bath
- 780 sft
124- 2 Bed
- 1 Bath
- 660 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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