Under $200K Investment Properties for Sale in Essexville, MI
Listed for sale 1 day ago
$ 180,000
ROI
23.1
Cash Flow/m
168- 5 Bed
- 2 Bath
- 2106 sft
403 Plummer St, Essexville, MI, 48732
Listed for sale 3 days ago
$ 194,900
ROI
23.3Cash Flow/m
193- 2 Bed
- 1 Bath
- 1936 sft
1555 Jane Dr, Essexville, MI, 48732
Listed for sale 7 days ago
$ 160,000
ROI
23.3Cash Flow/m
158- 4 Bed
- 1 Bath
- 1530 sft
1208 Mercer St, Essexville, MI, 48732
$ 124,900
ROI
23.5Cash Flow/m
131- 3 Bed
- 2 Bath
- 1182 sft
2102 N Brentwood Pl, Essexville, MI, 48732
Why Invest in Essexville, Michigan?
Investing in Essexville, MI offers opportunities in the under $200k market, appealing to budget-conscious investors. The city has an average ROI of 7.5% with steady rental yields around 8%, reflecting solid demand. Cap rates near 6% and average monthly rents about $850 create favorable cash flow prospects. Appreciation rates are moderate at 2.5%, supported by increasing renter occupancy of 65%. These metrics indicate a growing, stable market for real estate investment in Essexville.
7.5%
Avg. ROI
8%
Rental Yield
6%
Cap Rate
$350/mo
Avg. Cash Flow
$850/mo
Avg. Rent
2.5%
1Y Appreciation
Frequently Asked Questions
Properties under $200k in Essexville typically offer rental yields around 8%, making them attractive for cash flow-focused investors.
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