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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Gobles, MI
$ 189,900
ROI
27.8
Cash Flow/m
426- 4 Bed
- 2 Bath
- 4305 sft
208 W Main St, Gobles, MI, 49055
Fix & Flip
$ 199,900
ROI
31.0Cash Flow/m
626- 5 Bed
- 3 Bath
- 3196 sft
25113 12th Ave, Gobles, MI, 49055
Fix & Flip
$ 124,000
ROI
39.2Cash Flow/m
671- 2 Bed
- 1 Bath
- 1214 sft
112 Howard St, Gobles, MI, 49055
Fix & Flip
$ 192,000
ROI
32.4Cash Flow/m
675- 3 Bed
- 1 Bath
- 1122 sft
3164 Baseline Rd, Gobles, MI, 49055
Why Invest in Gobles, Michigan?
Investing in properties under $200k in Gobles, MI offers a strategic opportunity amid steady rental yields and appreciation rates. The market shows an average ROI of 7.5%, with cap rates around 6%, indicating healthy income potential. Average rents remain stable near $900 per month, supporting consistent cash flow for investors. Renter occupancy rates are strong at 75%, driven by local demand in this growing community. These metrics align well with broader Michigan housing market trends backed by government data sources.
7.5%
Avg. ROI
6.2%
Rental Yield
6%
Cap Rate
$450/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
Yes, the market shows an average ROI of 7.5% and healthy cap rates, indicating solid profitability for properties under $200k.
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