Under $200K Investment Properties for Sale in Deerfield, MI
431- 3 Bed
- 1 Bath
- 1301 sft
581- 4 Bed
- 2 Bath
- 1413 sft
93- 2 Bed
- 1 Bath
- 720 sft
132- 3 Bed
- 1 Bath
- 1485 sft
124- 2 Bed
- 1 Bath
- 1080 sft
389- 6 Bed
- 1 Bath
- 2350 sft
- 3 Bed
- 2 Bath
- 1244 sft
129- 2 Bed
- 1 Bath
- 1320 sft
-- 3 Bed
- 2 Bath
- 1152 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
139- 3 Bed
- 1 Bath
- 929 sft
100- 2 Bed
- 1 Bath
- 780 sft
101- 3 Bed
- 2 Bath
- 1941 sft
Why Invest in Deerfield, Michigan?
Investing in Deerfield, MI under $200k offers a unique opportunity to enter an emerging market with strong rental demand. The area boasts an average ROI of 8%, with rental yields around 10%, making it attractive for price-conscious investors. Cap rates sit near 7%, supported by steady appreciation rates of 3%. The average cash flow for properties under $200k is healthy, complemented by a renter-occupied rate exceeding 65%. These metrics reflect Deerfield's growing appeal as a real estate investment destination.
Frequently Asked Questions
Properties under $200k in Deerfield typically include single-family homes and smaller multi-family units ideal for first-time investors. These homes offer opportunities for steady rental income with manageable maintenance costs.
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