Under $200K Investment Properties for Sale in Clio, MI
Listed for sale 7 days ago
$ 169,000
ROI
23.2
Cash Flow/m
163- 3 Bed
- 1 Bath
- 1344 sft
116 Griffes St, Clio, MI, 48420
$ 179,900
ROI
24.7Cash Flow/m
249- 3 Bed
- 1 Bath
- 1064 sft
6070 E Vienna Rd, Clio, MI, 48420
$ 132,000
ROI
23.1Cash Flow/m
124- 3 Bed
- 2 Bath
- 847 sft
10298 Evelyn Dr, Clio, MI, 48420
$ 149,900
ROI
23.9Cash Flow/m
174- 3 Bed
- 1 Bath
- 978 sft
10071 N Clio Rd, Clio, MI, 48420
Why Invest in Clio, Michigan?
Investing in Clio, MI under $200k offers a solid entry point into Michigan's affordable housing market. This price range attracts a broad tenant pool, supporting a rental yield of approximately 7.2%. The area's cap rate averages 8.0%, with an average ROI near 7.5%, providing great cash flow opportunities. Average rent remains steady at around $900, while property appreciation is modest but consistent. Over 60% of housing units are renter occupied, suggesting healthy rental demand.
7.5%
Avg. ROI
7.2%
Rental Yield
8%
Cap Rate
$850/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3.2%
1Y Appreciation
Frequently Asked Questions
Rental yields for properties under $200k in Clio typically average around 7.2%, offering solid returns for investors.
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