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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Durand, MI
Listed for sale 2 days ago
$ 149,900
ROI
27.6
Cash Flow/m
328- 2 Bed
- 1 Bath
- 848 sft
509 W Main St, Durand, MI, 48429
Currently Rented
Listed for sale 5 days ago
$ 139,000
ROI
32.0Cash Flow/m
473- 4 Bed
- 2 Bath
- 1600 sft
305 E Main St, Durand, MI, 48429
Listed for sale 7 days ago
$ 199,900
ROI
23.2Cash Flow/m
193- 3 Bed
- 2 Bath
- 1422 sft
313 E Naldrette St, Durand, MI, 48429
$ 165,000
ROI
27.8Cash Flow/m
371- 3 Bed
- 2 Bath
- 1268 sft
302 N Mackinaw St, Durand, MI, 48429
Why Invest in Durand, Michigan?
Investing in Durand, MI under $200k offers affordable entry into a stable market with growing rental demand. The city shows a solid average ROI of 7.5% and cap rates near 8%, indicating healthy profitability for investors. Rental yield averages around 6.9%, with average monthly rent at $850 and steady appreciation around 2.2%. With almost 60% renter occupancy, Durand’s market is attractive for cash flow positive properties under this price point.
7.5%
Avg. ROI
6.9%
Rental Yield
8%
Cap Rate
$350/mo
Avg. Cash Flow
$850/mo
Avg. Rent
2.2%
1Y Appreciation
Frequently Asked Questions
Durand offers affordable property prices with strong rental yields and cap rates. The growing rental demand combined with steady economic indicators makes it a promising location for investment under $200k.
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