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

Property at 33044 W North Shore Dr, Eckerman, MI
$ 149,000
ROI
22.8ROI percentage
Cash Flow/m
Dollar sign124
  • 2 Bed
  • 1 Bath
  • 1000 sft
33044 W North Shore Dr, Eckerman, MI, 49728
Property at 28691 W Maple Ln, ECKERMAN, MI
$ 200,000
ROI
25.1ROI percentage
Cash Flow/m
Dollar sign295
  • 2 Bed
  • 1 Bath
  • 728 sft
28691 W Maple Ln, ECKERMAN, MI, 49728
Property at 28567 W Maple Ln, Eckerman, MI
$ 189,900
ROI
23.3ROI percentage
Cash Flow/m
Dollar sign185
  • 2 Bed
  • 1 Bath
  • 846 sft
28567 W Maple Ln, Eckerman, MI, 49728
Property at 10680 S Salt Point Rd, Eckerman, MI
$ 200,000
ROI
21.1ROI percentage
Cash Flow/m
Dollar sign77
  • 2 Bed
  • 1 Bath
  • 1000 sft
10680 S Salt Point Rd, Eckerman, MI, 49728

Why Invest in Eckerman, Michigan?

Investing in properties under $200k in Eckerman, MI offers unique opportunities for real estate investors seeking affordable entry points. The market features an average ROI of 7.2% and rental yields near 8%, making it a competitive option. Cap rates hover around 6.5%, while investors can expect average cash flow of approximately $120 per month. The average rent stands at $850, and the area appreciates at a modest 2.1% annually. Approximately 65% of housing units are renter-occupied, highlighting demand.

7.2%
Avg. ROI
8%
Rental Yield
6.5%
Cap Rate
$120/mo
Avg. Cash Flow
$850/mo
Avg. Rent
2.1%
1Y Appreciation

Frequently Asked Questions

Mostly single-family homes and smaller multi-family units are available under $200k in Eckerman. These properties often appeal to first-time investors and renters seeking affordable housing.

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