Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Dowagiac, MI
Listed for sale 2 days ago
$ 140,000
ROI
24.1
Cash Flow/m
168- 3 Bed
- 2 Bath
- 1515 sft
103 N Lowe St, Dowagiac, MI, 49047
Fix & Flip
Listed for sale 3 days ago
$ 154,900
ROI
23.3Cash Flow/m
155- 3 Bed
- 2 Bath
- 1176 sft
54223 Garrett Rd, Dowagiac, MI, 49047
$ 170,000
ROI
23.7Cash Flow/m
188- 3 Bed
- 2 Bath
- 1476 sft
427 E Division St, Dowagiac, MI, 49047
$ 189,900
ROI
22.6Cash Flow/m
150- 2 Bed
- 1 Bath
- 801 sft
311 N Front 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.
Find Your Perfect Investment Property in Dowagiac, Michigan
Explore investment opportunities by strategy, performance, or property type
