Under $200K Investment Properties for Sale in Harrison Township, MI

Property at 27781 Moran St, Harrison Township, MI
$ 159,900
ROI
23.2ROI percentage
Cash Flow/m
Dollar sign155
  • 3 Bed
  • 1 Bath
  • 840 sft
27781 Moran St, Harrison Township, MI, 48045
Property at 24642 Spring Ln, Harrison Township, MI
$ 150,000
ROI
24.3ROI percentage
Cash Flow/m
Dollar sign190
  • 2 Bed
  • 2 Bath
  • 1724 sft
24642 Spring Ln, Harrison Township, MI, 48045
Property at 24775 Meadow Crk, Harrison Township, MI
$ 165,000
ROI
23.6ROI percentage
Cash Flow/m
Dollar sign177
  • 2 Bed
  • 2 Bath
  • 1232 sft
24775 Meadow Crk, Harrison Township, MI, 48045
Property at 24641 N Meadow Dr, Harrison Township, MI
$ 149,890
ROI
27.2ROI percentage
Cash Flow/m
Dollar sign309
  • 2 Bed
  • 1 Bath
  • 968 sft
24641 N Meadow Dr, Harrison Township, MI, 48045

Why Invest in Harrison Township, Michigan?

Investing in Harrison Township, MI properties under $200k offers a promising entry point into the Detroit metro area's real estate market. This affordable segment attracts a diverse renter base, contributing to a rental yield around 7% and average cash flow near $650 per month. With cap rates averaging 6.5% and consistent appreciation of 3% annually, investors can expect stable returns supported by a renter-occupied rate of 48%. The local economy’s gradual employment growth and affordable housing supply strengthen this investment’s appeal.

8%
Avg. ROI
7%
Rental Yield
6.5%
Cap Rate
$650/mo
Avg. Cash Flow
$1100/mo
Avg. Rent
3%
1Y Appreciation

Frequently Asked Questions

Most properties under $200k are single-family homes and smaller multi-family units, suitable for first-time investors or those seeking affordable rental options.

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