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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Dowagiac, MI
Currently Rented
Fix & Flip
Rental Income
$ 129,000
ROI
33.7
Cash Flow/m
501- 5 Bed
- 3 Bath
- 2550 sft
116 Oak St, Dowagiac, MI, 49047
Fix & Flip
$ 109,500
ROI
32.8Cash Flow/m
398- 3 Bed
- 2 Bath
- 2000 sft
122 Oak St, Dowagiac, MI, 49047
$ 199,000
ROI
24.3Cash Flow/m
250- 4 Bed
- 2 Bath
- 2016 sft
510 Spruce St, Dowagiac, MI, 49047
$ 120,000
ROI
23.9Cash Flow/m
138- 2 Bed
- 1 Bath
- 1012 sft
205.5 W Railroad 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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