Under $200K Investment Properties for Sale in Houghton Lake Heights, MI
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Here are some other similar properties you might be interested in:
$ 79,900
ROI
70.5
Cash Flow/m
1128- 3 Bed
- 1 Bath
- 1238 sft
16814 Lilac St, Detroit, MI, 48221
Listed for sale 2 days ago
$ 100,000
ROI
24.9Cash Flow/m
142- 4 Bed
- 1 Bath
- 1340 sft
319 Bellant St, Cheboygan, MI, 49721
Fix & Flip
Listed for sale 4 days ago
$ 100,000
ROI
23.9Cash Flow/m
115- 4 Bed
- 3 Bath
- 2149 sft
28 Centennial St, Sparta, MI, 49345
$ 100,000
ROI
-Cash Flow/m
-- 3 Bed
- 2 Bath
- 1200 sft
6065 E Millbrook Rd, Shepherd, MI, 48883
$ 100,000
ROI
24.4Cash Flow/m
129- 3 Bed
- 1 Bath
- 1210 sft
2504 N Smith St, Sanford, MI, 48657
$ 100,000
ROI
23.4Cash Flow/m
102- 3 Bed
- 2 Bath
- 1008 sft
680 Eugene St, Ypsilanti, MI, 48198
Fix & Flip
$ 100,000
ROI
24.0Cash Flow/m
119- 2 Bed
- 1 Bath
- 1336 sft
23786 Cushing Ave, Eastpointe, MI, 48021
Fix & Flip
Motivated Seller
$ 100,000
ROI
24.3Cash Flow/m
127- 3 Bed
- 1 Bath
- 860 sft
4409 Gertrude St, Dearborn Heights, MI, 48125
$ 100,000
ROI
24.3Cash Flow/m
128- 3 Bed
- 1 Bath
- 1043 sft
508 S Kiesel St, Bay City, MI, 48706
Fix & Flip
$ 100,000
ROI
24.2Cash Flow/m
125- 2 Bed
- 1 Bath
- 1100 sft
3185 Delaney St, Flint, MI, 48506
$ 100,000
ROI
23.5Cash Flow/m
104- 2 Bed
- 2 Bath
- 1064 sft
50197 Wedgewood Ct N #644, Utica, MI, 48315
$ 100,000
ROI
17.0Gross Rent Yield
9.1- 2 Bed
- 1 Bath
- 882 sft
12672 Elaine Dr, Southgate, MI, 48195
$ 100,000
ROI
-Cash Flow/m
-- 1 Bed
- 1 Bath
- 384 sft
33048 W North Rd, Eckerman, MI, 49728
$ 100,000
ROI
24.8Cash Flow/m
140- 3 Bed
- 2 Bath
- 1344 sft
5486 Spring Creek Dr, Howell, MI, 48843
$ 100,000
ROI
24.0Cash Flow/m
117- 4 Bed
- 2 Bath
- 1188 sft
3204 Weigl Rd, Saginaw, MI, 48609
$ 100,000
ROI
24.3Cash Flow/m
127- 2 Bed
- 1 Bath
- 1129 sft
317 Woodworth St, Corunna, MI, 48817
Airbnb Potential
$ 100,000
ROI
24.0Cash Flow/m
117- 3 Bed
- 1 Bath
- 1270 sft
321 Ely St, Alma, MI, 48801
Fix & Flip
Motivated Seller
$ 100,000
ROI
23.4Cash Flow/m
102- 3 Bed
- 1 Bath
- - sft
810 Snedeker Rd, Webberville, MI, 48892
Fix & Flip
$ 100,000
ROI
23.5Cash Flow/m
104- 3 Bed
- 1 Bath
- 960 sft
2671 Fish Lake Rd, Lapeer, MI, 48446
$ 100,000
ROI
8.9Gross Rent Yield
9.4- 3 Bed
- 2 Bath
- 1248 sft
1637 Candytuft Ct, Albion, MI, 49224
$ 100,000
ROI
9.5Gross Rent Yield
9.1- 1 Bed
- 1 Bath
- 707 sft
3001 Williamsburg Dr, Ann Arbor, MI, 48108
$ 100,000
ROI
23.1Cash Flow/m
94- 2 Bed
- 2 Bath
- 896 sft
18481 Twelve Mile Rd, Big Rapids, MI, 49307
$ 100,000
ROI
24.0Cash Flow/m
118- 3 Bed
- 2 Bath
- 1360 sft
69669 Gumwood Rd, Niles, MI, 49120
Currently Rented
$ 100,000
ROI
23.3Cash Flow/m
99- 2 Bed
- 1 Bath
- 804 sft
611 Beach St, Mount Morris, MI, 48458
Why Invest in Houghton Lake Heights, Michigan?
Investing in Houghton Lake Heights, MI under $200k properties offers a prime opportunity to enter an affordable yet promising market. With an average ROI around 7%, rental yields near 9%, and a cap rate of about 6.5%, this location appeals to investors seeking steady cash flow. The avg cash flow hovers near $700 monthly, while appreciation rates maintain a healthy 3.5% annually. High renter occupancy near 85% supports consistent rental income for savvy investors.
7%
Avg. ROI
9%
Rental Yield
6.5%
Cap Rate
$700/mo
Avg. Cash Flow
$850/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
Under $200k properties include single-family homes and smaller multi-family units, suitable for rental investments and first-time buyers seeking entry into the local market.
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