Under $200K Investment Properties for Sale in Hopkins, MI
347- 2 Bed
- 1 Bath
- 600 sft
165- 2 Bed
- 1 Bath
- 1020 sft
140- 2 Bed
- 1 Bath
- 784 sft
139- 3 Bed
- 1 Bath
- 964 sft
116- 3 Bed
- 1 Bath
- 854 sft
102- 2 Bed
- 1 Bath
- 1042 sft
- 3 Bed
- 2 Bath
- 1400 sft
849- 3 Bed
- 2 Bath
- 1380 sft
- 1 Bed
- 1 Bath
- 621 sft
901- 3 Bed
- 2 Bath
- 1216 sft
751- 2 Bed
- 1 Bath
- 1132 sft
638- 3 Bed
- 1 Bath
- 1320 sft
96- 5 Bed
- 2 Bath
- 2300 sft
135- - Bed
- 1 Bath
- 628 sft
129- 2 Bed
- 1 Bath
- 820 sft
119- 1 Bed
- 1 Bath
- 780 sft
110- 1 Bed
- 1 Bath
- 360 sft
471- 5 Bed
- 2 Bath
- 1926 sft
106- 3 Bed
- 1 Bath
- 1278 sft
753- 3 Bed
- 2 Bath
- 737 sft
808- 3 Bed
- 2 Bath
- 2185 sft
93- 2 Bed
- 1 Bath
- 867 sft
111- 2 Bed
- 1 Bath
- 940 sft
93- 5 Bed
- 1 Bath
- 1466 sft
646- 5 Bed
- 2 Bath
- 988 sft
93- 4 Bed
- 2 Bath
- 1680 sft
136- 3 Bed
- 1 Bath
- 887 sft
Why Invest in Hopkins, Michigan?
Investing in Hopkins, MI with properties under $200k offers a compelling opportunity in a stable Midwestern market. This price range attracts budget-conscious investors seeking solid rental yields averaging around 7%. The local cap rate of approximately 6.5% reflects consistent demand for affordable housing, while average cash flow stays positive thanks to reasonable average rents near $850 per month. With renter occupancy around 58% and steady appreciation of about 2% annually, Hopkins presents a balanced investment environment combining entry-level affordability and moderate growth potential.
Frequently Asked Questions
In Hopkins, MI, properties under $200k typically include single-family homes and smaller duplexes suitable for entry-level investors looking for affordable rental options.
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