Under $200K Investment Properties for Sale in Herron, MI
661- - Bed
- - Bath
- - sft
601- - Bed
- - Bath
- - sft
131- 3 Bed
- 1 Bath
- 1000 sft
145- 2 Bed
- 1 Bath
- 720 sft
128- 3 Bed
- 1 Bath
- 1485 sft
141- 2 Bed
- 1 Bath
- 1080 sft
389- 6 Bed
- 1 Bath
- 2350 sft
- 3 Bed
- 2 Bath
- 1244 sft
129- 2 Bed
- 1 Bath
- 1320 sft
-- 3 Bed
- 2 Bath
- 1152 sft
140- 2 Bed
- 1 Bath
- 804 sft
141- 3 Bed
- 1 Bath
- 1208 sft
91- 2 Bed
- 1 Bath
- 778 sft
134- - Bed
- - Bath
- - sft
- 1 Bed
- 1 Bath
- 793 sft
326- 2 Bed
- 2 Bath
- - sft
130- 2 Bed
- 1 Bath
- 696 sft
117- 3 Bed
- 1 Bath
- 960 sft
- 1 Bed
- 1 Bath
- 596 sft
144- 2 Bed
- 1 Bath
- 874 sft
123- 2 Bed
- 2 Bath
- 969 sft
135- 2 Bed
- 1 Bath
- 1031 sft
98- 2 Bed
- 1 Bath
- 1040 sft
122- - Bed
- - Bath
- 1296 sft
139- 3 Bed
- 1 Bath
- 929 sft
100- 2 Bed
- 1 Bath
- 780 sft
Why Invest in Herron, Michigan?
Investing in Herron, MI properties under $200k offers a unique opportunity to enter a growing Michigan market with affordable entry points. This filter highlights budget-friendly options attractive to cash-flow-focused investors seeking steady rental yields. Herron benefits from a renter-occupied rate of 55%, with an average rental yield around 7.1%, and solid appreciation prospects of 2.3% annually. Average cash flow hovers near $350 monthly, complemented by a cap rate of approximately 7.5%, making it an appealing choice for investors prioritizing lower-cost properties in the state.
Frequently Asked Questions
Properties under $200k in Herron often include single-family homes, smaller multi-family units, and some condos. These are ideal for first-time investors or those seeking affordable entry points with steady rental income.
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