Under $200K Investment Properties for Sale in Dowagiac, MI
Listed for sale 6 days ago
$ 114,000
ROI
24.2
Cash Flow/m
142- 2 Bed
- 1 Bath
- 800 sft
208 Dewey St, Dowagiac, MI, 49047
$ 179,900
ROI
24.1Cash Flow/m
220- 2 Bed
- 1 Bath
- 956 sft
116 E Railroad St, Dowagiac, MI, 49047
$ 150,000
ROI
24.7Cash Flow/m
207- 3 Bed
- 4 Bath
- 1450 sft
324 Oak St, Dowagiac, MI, 49047
$ 185,000
ROI
31.1Cash Flow/m
582- 3 Bed
- 2 Bath
- 1436 sft
401 Sheldon St, Dowagiac, MI, 49047
Why Invest in Dowagiac, Michigan?
Investing in Dowagiac, MI properties under $200k presents a strong opportunity for stable cash flow and attractive cap rates. This city's rental market offers an average rental yield of 7.5%, supported by a renter-occupied rate of 40%, indicating steady demand. Properties here show an average ROI of 8.0% with consistent appreciation around 2.5%. Investors benefit from affordable entry points with average cash flow near $150 per month, making it an ideal market for budget-conscious real estate investment.
8%
Avg. ROI
7.5%
Rental Yield
6.5%
Cap Rate
$150/mo
Avg. Cash Flow
$850/mo
Avg. Rent
2.5%
1Y Appreciation
Frequently Asked Questions
Yes, Dowagiac offers affordable properties with consistent rental demand and solid cash flow opportunities, making it a favorable market for investments under $200k.
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