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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
Listed for sale 3 days ago
$ 199,900
ROI
23.3
Cash Flow/m
198- 3 Bed
- 2 Bath
- 1286 sft
917 Brookside Dr APT 174, Grand Ledge, MI, 48837
$ 199,900
ROI
24.7Cash Flow/m
276- 2 Bed
- 2 Bath
- 1392 sft
206 E Scott St, Grand Ledge, MI, 48837
$ 159,900
ROI
26.2Cash Flow/m
287- 2 Bed
- 1 Bath
- 950 sft
907 Registry Dr APT 119A, Grand Ledge, MI, 48837
$ 175,000
ROI
23.1Cash Flow/m
161- 4 Bed
- 2 Bath
- 1094 sft
227 W Lincoln 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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