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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Concord, MI
Listed for sale 4 days ago
$ 172,900
ROI
27.0
Cash Flow/m
346- 2 Bed
- 1 Bath
- 952 sft
775 Swains Lake Dr, Concord, MI, 49237
Fix & Flip
$ 150,000
ROI
23.7Cash Flow/m
164- 2 Bed
- 1 Bath
- 1200 sft
5475 Albion Rd, Concord, MI, 49237
$ 134,900
ROI
24.8Cash Flow/m
190- 3 Bed
- 1 Bath
- 963 sft
316 Monroe St, Concord, MI, 49237
$ 182,500
ROI
28.1Cash Flow/m
425- 3 Bed
- 1 Bath
- 1288 sft
228 W Center St, Concord, MI, 49237
Why Invest in Concord, Michigan?
Investing in Concord, MI properties under $200k offers a strategic entry point in a market with balanced rental yields and steady appreciation. The average ROI stands at 7.2%, driven by strong rental demand with a rental yield of 6.5%. Cap rates remain attractive at 8%, supporting solid average cash flows of $650 monthly. With an average rent of $1,000 and a renter-occupied rate of 55%, Concord presents promising opportunities for mid-budget real estate investors.
7.2%
Avg. ROI
6.5%
Rental Yield
8%
Cap Rate
$650/mo
Avg. Cash Flow
$1000/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
Concord offers affordable properties with strong rental demand, balanced cap rates, and stable appreciation, making it ideal for investors seeking entry-level real estate opportunities.
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