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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Ionia, MI

Fix & Flip
Listed for sale 3 days ago
$ 165,000
ROI
24.0
Cash Flow/m
194- 4 Bed
- 2 Bath
- 1860 sft
445 N State St, Ionia, MI, 48846

$ 199,900
ROI
22.9
Cash Flow/m
172- 3 Bed
- 1 Bath
- 1428 sft
410 Johnson St, Ionia, MI, 48846

$ 199,900
ROI
23.9
Cash Flow/m
231- 3 Bed
- 2 Bath
- 1820 sft
218 E Adams St, Ionia, MI, 48846

$ 199,900
ROI
25.2
Cash Flow/m
301- 4 Bed
- 1 Bath
- 1429 sft
128 Tower St, Ionia, MI, 48846
Why Invest in Ionia, Michigan?
Investing in properties under $200K in Ionia, MI offers a solid opportunity with attractive rental yields and steady appreciation. The market benefits from a cap rate near 7% and average cash flow around $400 per month. Rental demand remains strong with over 55% renter occupancy, making it ideal for income-focused investors. Local economic growth and affordable housing keep this market promising for mid-tier real estate investments.
8.5%
Avg. ROI
6.8%
Rental Yield
7%
Cap Rate
$400/mo
Avg. Cash Flow
$750/mo
Avg. Rent
3.2%
1Y Appreciation
Frequently Asked Questions
Yes, properties under $200K in Ionia offer good rental yields and steady appreciation, making them profitable for both cash flow and long-term gains.
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