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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Fair Haven, MI
$ 113,300
ROI
45.5
Cash Flow/m
813- 3 Bed
- 2 Bath
- 1568 sft
9268 Windjammer Dr #1207, Fair Haven, MI, 48023
$ 114,999
ROI
24.5Cash Flow/m
152- 3 Bed
- 2 Bath
- 1568 sft
9269 Windjammer Dr #1263, Fair Haven, MI, 48023
$ 109,499
ROI
23.6Cash Flow/m
118- 3 Bed
- 2 Bath
- 1456 sft
9274 Windjammer Dr #1210, Fair Haven, MI, 48023
$ 119,995
ROI
23.1Cash Flow/m
111- 3 Bed
- 2 Bath
- 1792 sft
9350 Starboard Dr #1274, Fair Haven, MI, 48023
Why Invest in Fair Haven, Michigan?
Investing in Fair Haven, MI under $200k offers a great opportunity in a growing Midwest market. The area features average rental yields around 7%, with cap rates near 6%, making it attractive for steady cash flow. Appreciation rates are moderate at about 2.5% annually, and rental demand is strong with 65% renter occupancy. These metrics indicate a stable environment for affordable property investments with balanced returns.
8%
Avg. ROI
7%
Rental Yield
6%
Cap Rate
$600/mo
Avg. Cash Flow
$900/mo
Avg. Rent
2.5%
1Y Appreciation
Frequently Asked Questions
The average rental yield for properties under $200k in Fair Haven is approximately 7%, offering promising returns for investors seeking affordable options.
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