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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
Listed for sale 3 days ago
$ 200,000
ROI
23.2
Cash Flow/m
193- 2 Bed
- 1 Bath
- 939 sft
52653 Lakeview Dr, Dowagiac, MI, 49047
Listed for sale 4 days ago
$ 139,900
ROI
24.0Cash Flow/m
165- 4 Bed
- 2 Bath
- 1348 sft
421 E Division St, Dowagiac, MI, 49047
Listed for sale 7 days ago
$ 190,000
ROI
21.7Cash Flow/m
102- 4 Bed
- 2 Bath
- 1308 sft
211 James St, Dowagiac, MI, 49047
$ 135,000
ROI
29.5Cash Flow/m
366- 3 Bed
- 1 Bath
- 1122 sft
103 E Telegraph 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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