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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Grand Ledge, MI
$ 170,000
ROI
24.5
Cash Flow/m
223- 3 Bed
- 1 Bath
- 1225 sft
11186 Jerryson Dr, Grand Ledge, MI, 48837
$ 195,000
ROI
29.3Cash Flow/m
520- 3 Bed
- 1 Bath
- 875 sft
300 W South St, Grand Ledge, MI, 48837
$ 179,900
ROI
24.0Cash Flow/m
214- 5 Bed
- 2 Bath
- 1531 sft
339 W Jefferson St, Grand Ledge, MI, 48837
$ 199,900
ROI
28.4Cash Flow/m
482- 3 Bed
- 1 Bath
- 1362 sft
462 W Main St, Grand Ledge, MI, 48837
Why Invest in Grand Ledge, Michigan?
Investing in Grand Ledge, MI offers great opportunities for properties under $200k, ideal for entry-level investors. The market shows a healthy average ROI of about 6.5%, supported by rental yields near 7%. Cap rates average around 6%, providing balanced risk and reward. Average monthly rents are approximately $900 with cash flow averages of $250 per unit, making it a promising location for sustained income and value appreciation.
6.5%
Avg. ROI
7%
Rental Yield
6%
Cap Rate
$250/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
Most properties under $200k in Grand Ledge are single-family homes and small multi-family units, ideal for rental investment or first-time buyers. These homes offer good cash flow potential with reasonable maintenance costs.
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