Under $200K Investment Properties for Sale in Harrison, MI
Listed for sale 3 days ago
$ 116,000
ROI
24.1
Cash Flow/m
141- 2 Bed
- 1 Bath
- 885 sft
10141 Suzanne Dr, Harrison, MI, 48625
Listed for sale 7 days ago
$ 175,000
ROI
24.2Cash Flow/m
218- 1 Bed
- 1 Bath
- 1512 sft
5665 N Athey Ave, Harrison, MI, 48625
Listed for sale 7 days ago
$ 150,000
ROI
26.5Cash Flow/m
283- 2 Bed
- 1 Bath
- 784 sft
2121 Harper Dr, Harrison, MI, 48625
$ 170,000
ROI
24.6Cash Flow/m
229- 2 Bed
- 1 Bath
- 2400 sft
881 Old County Farm St, Harrison, MI, 48625
Why Invest in Harrison, Michigan?
Investing in Harrison, MI properties under $200k presents a unique opportunity for affordable real estate with solid returns. This market segment typically shows an average ROI of around 7% with a rental yield near 8%. Cap rates for under $200k homes remain attractive, averaging about 8.5%, providing investors steady cash flow. With increasing renter occupancy close to 65% and steady appreciation rates near 1.5%, Harrison is an emerging area for budget-conscious investors.
7%
Avg. ROI
8%
Rental Yield
8.5%
Cap Rate
$450/mo
Avg. Cash Flow
$750/mo
Avg. Rent
1.5%
1Y Appreciation
Frequently Asked Questions
Properties under $200k in Harrison primarily include single-family homes and smaller multi-family units suitable for first-time investors or those seeking rental income opportunities.
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