Under $200K Investment Properties for Sale in Eastlake, MI


301- 2 Bed
- 1 Bath
- 1115 sft


477- 3 Bed
- 1 Bath
- 1150 sft


139- 3 Bed
- 1 Bath
- 2100 sft


105- 4 Bed
- 2 Bath
- 1797 sft


133- 3 Bed
- 1 Bath
- 1110 sft


101- 5 Bed
- 3 Bath
- 2061 sft


117- 2 Bed
- 1 Bath
- 1112 sft


105- 3 Bed
- 2 Bath
- 1232 sft


142- 3 Bed
- 2 Bath
- 1850 sft


131- 2 Bed
- 1 Bath
- 1143 sft


104- 2 Bed
- 1 Bath
- 924 sft


129- 2 Bed
- 2 Bath
- 1252 sft


138- 2 Bed
- 1 Bath
- 1020 sft



- 3 Bed
- 2 Bath
- 1275 sft


117- 2 Bed
- 1 Bath
- 960 sft


103- 2 Bed
- 1 Bath
- 704 sft


96- 2 Bed
- 1 Bath
- 672 sft


92- 1 Bed
- 1 Bath
- 700 sft


111- 2 Bed
- 1 Bath
- 937 sft


125- 3 Bed
- 2 Bath
- 1520 sft


133- 3 Bed
- 1 Bath
- 966 sft


133- 3 Bed
- 1 Bath
- 2120 sft


343- 5 Bed
- 3 Bath
- 1810 sft


128- 3 Bed
- 2 Bath
- 1600 sft


135- 3 Bed
- 1 Bath
- 1048 sft


125- 1 Bed
- 1 Bath
- 600 sft
Why Invest in Eastlake, Michigan?
Investing in Eastlake, MI properties under $200k offers an affordable entry into a stable market with solid rental demand. The area shows an average ROI of 7%, rental yields near 8%, and cap rates around 6%, making it attractive for cash flow investors. Eastlake's average cash flow and rent levels provide steady income potential. The renter-occupied rate remains robust, supporting consistent occupancy and long-term asset growth.
Frequently Asked Questions
Eastlake offers affordable properties with solid rental yields and cap rates, supported by steady employment growth and a stable rental market. The area's economic fundamentals and moderate appreciation potential make it a good entry point for investors.
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