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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Grand Haven, MI
$ 135,000
ROI
24.5
Cash Flow/m
179- 3 Bed
- 1 Bath
- 1001 sft
1407 Franklin Ave, Grand Haven, MI, 49417
$ 185,000
ROI
20.1Cash Flow/m
17- 2 Bed
- 1 Bath
- 886 sft
815 S Despelder St APT 5, Grand Haven, MI, 49417
$ 199,900
ROI
24.0Cash Flow/m
235- 3 Bed
- 1 Bath
- 1316 sft
400 N 6th St, Grand Haven, MI, 49417
$ 170,500
ROI
23.0Cash Flow/m
153- 3 Bed
- 2 Bath
- 1112 sft
1813 Robinson St, Grand Haven, MI, 49417
Why Invest in Grand Haven, Michigan?
Investing in Grand Haven, MI properties under $200k offers a unique opportunity to tap into a stable and growing rental market. This lakeside city boasts an average rental yield of 7% and a cap rate of 6.5%, making it attractive for investors seeking steady cash flow. The average ROI stands at 8%, supported by a renter-occupied rate of 55%. Appreciation rates hover around 3%, signaling modest but consistent growth tied to local economic conditions.
8%
Avg. ROI
7%
Rental Yield
6.5%
Cap Rate
$800/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
Yes, properties under $200k in Grand Haven offer attractive rental yields around 7% and stable appreciation, making them great for investors seeking steady cash flow in a growing market.
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