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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

Listed for sale 1 day ago
$ 169,900
ROI
24.3
Cash Flow/m
217- 2 Bed
- 1 Bath
- 1250 sft
491 W Center Rd, Essexville, MI, 48732

Motivated Seller
Listed for sale 1 day ago
$ 168,900
ROI
24.0
Cash Flow/m
198- 4 Bed
- 3 Bath
- 2100 sft
615 Pine St, Essexville, MI, 48732

Listed for sale 2 days ago
$ 198,900
ROI
23.1
Cash Flow/m
186- 3 Bed
- 2 Bath
- 1400 sft
1820 SE Boutell Rd, Essexville, MI, 48732

$ 124,900
ROI
23.8
Cash Flow/m
140- 2 Bed
- 1 Bath
- 750 sft
807 Borton Ave, 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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