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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Essexville, MI
$ 136,900
ROI
23.4
Cash Flow/m
139- 2 Bed
- 1 Bath
- 785 sft
1253 W Nebobish Rd, Essexville, MI, 48732
$ 169,900
ROI
23.2Cash Flow/m
163- 3 Bed
- 3 Bath
- 1907 sft
1720 Kaczmarek Dr, Essexville, MI, 48732
$ 179,900
ROI
24.3Cash Flow/m
225- 4 Bed
- 1 Bath
- 1570 sft
1197 Heavenridge Rd, Essexville, MI, 48732
$ 149,900
ROI
24.9Cash Flow/m
213- 3 Bed
- 1 Bath
- 1297 sft
1100 Heavenridge Rd, 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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