Under $200K Investment Properties for Sale in Grand Ledge, MI
$ 189,900
ROI
24.5
Cash Flow/m
248- 3 Bed
- 2 Bath
- 1631 sft
823 Pleasant St, Grand Ledge, MI, 48837
$ 175,000
ROI
25.6Cash Flow/m
284- 2 Bed
- 2 Bath
- 954 sft
907 Registry Dr APT 123, Grand Ledge, MI, 48837
$ 174,900
ROI
23.1Cash Flow/m
163- 3 Bed
- 1 Bath
- 1422 sft
708 Green St, Grand Ledge, MI, 48837
Motivated Seller
$ 115,000
ROI
23.1Cash Flow/m
107- 4 Bed
- 1 Bath
- 1761 sft
8563 Benton Rd, 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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