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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Hesperia, MI
$ 139,900
ROI
24.5
Cash Flow/m
183- 1 Bed
- 1 Bath
- 800 sft
5193 E High Tower Lake Rd, Hesperia, MI, 49421
$ 199,000
ROI
22.4Cash Flow/m
147- 2 Bed
- 1 Bath
- 965 sft
275 Lizzie St, Hesperia, MI, 49421
$ 175,000
ROI
28.4Cash Flow/m
420- 3 Bed
- 1 Bath
- 1128 sft
3521 S 204th Ave, Hesperia, MI, 49421
Fix & Flip
$ 119,900
ROI
23.1Cash Flow/m
111- 2 Bed
- 1 Bath
- 980 sft
3593 S Maple Island Rd, Hesperia, MI, 49421
Why Invest in Hesperia, Michigan?
Investing in Hesperia, MI properties under $200k offers an attractive entry point into this growing market. With solid rental yields around 7%, cap rates near 5%, and an average ROI of 8%, investors can expect steady cash flow. The average rent of $850 supports strong demand from renter-occupied housing which currently holds at 48%. Appreciation rates of approximately 3% annually add to long-term investment potential.
8%
Avg. ROI
7%
Rental Yield
5%
Cap Rate
$550/mo
Avg. Cash Flow
$850/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
Hesperia offers affordable entry points with strong rental yields and steady population growth, making it ideal for investors targeting properties under $200k. Its low vacancy rates and positive cash flow metrics support sustainable investment.
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