Investment Properties Under $200K in Goodrich, MI | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Under $200K Investment Properties for Sale in Goodrich, MI

Property at 6193-95 S State Rd, Goodrich, MI
$ 169,900
ROI
37.1ROI percentage
Cash Flow/m
Dollar sign821
  • - Bed
  • - Bath
  • - sft
6193-95 S State Rd, Goodrich, MI, 48438
Property at 6195 S State Rd, Goodrich, MI
$ 125,900
ROI
51.3ROI percentage
Cash Flow/m
Dollar sign1104
  • - Bed
  • - Bath
  • - sft
6195 S State Rd, Goodrich, MI, 48438
Property at 8199 Putman, Goodrich, MI
$ 199,999
ROI
31.9ROI percentage
Cash Flow/m
Dollar sign676
  • - Bed
  • - Bath
  • - sft
8199 Putman, Goodrich, MI, 48438
Property at 10020 Strawberry Trl #8, Goodrich, MI
$ 179,900
ROI
40.9ROI percentage
Cash Flow/m
Dollar sign1058
  • - Bed
  • - Bath
  • - sft
10020 Strawberry Trl #8, Goodrich, MI, 48438

Why Invest in Goodrich, Michigan?

Investing in Goodrich, MI properties under $200k offers a solid entry point into Michigan's growing real estate market. This price bracket attracts investors looking for affordable rental properties with decent cap rates and steady appreciation. Goodrich benefits from a balanced rental yield and an average ROI that appeals to cautious investors. The rental market here remains strong with a healthy renter-occupied rate, providing reliable cash flow opportunities.

7%
Avg. ROI
6.5%
Rental Yield
5.3%
Cap Rate
$150/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3%
1Y Appreciation

Frequently Asked Questions

Most properties under $200k in Goodrich are single-family homes and smaller multi-family units. These properties are typically suitable for first-time investors or those seeking affordable rental opportunities.

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