Under $200K Investment Properties for Sale in Ira, MI
112- 2 Bed
- 2 Bath
- 860 sft
155- 3 Bed
- 2 Bath
- 1580 sft
137- 3 Bed
- 1 Bath
- 1718 sft
-- 3 Bed
- 2 Bath
- 1200 sft
129- 3 Bed
- 1 Bath
- 1210 sft
102- 3 Bed
- 2 Bath
- 1008 sft
119- 2 Bed
- 1 Bath
- 1336 sft
127- 3 Bed
- 1 Bath
- 860 sft
128- 3 Bed
- 1 Bath
- 1043 sft
125- 2 Bed
- 1 Bath
- 1100 sft
104- 2 Bed
- 2 Bath
- 1064 sft
- 2 Bed
- 1 Bath
- 882 sft
-- 1 Bed
- 1 Bath
- 384 sft
140- 3 Bed
- 2 Bath
- 1344 sft
117- 4 Bed
- 2 Bath
- 1188 sft
127- 2 Bed
- 1 Bath
- 1129 sft
117- 3 Bed
- 1 Bath
- 1270 sft
102- 3 Bed
- 1 Bath
- - sft
104- 3 Bed
- 1 Bath
- 960 sft
- 3 Bed
- 2 Bath
- 1248 sft
- 1 Bed
- 1 Bath
- 707 sft
94- 2 Bed
- 2 Bath
- 896 sft
118- 3 Bed
- 2 Bath
- 1360 sft
99- 2 Bed
- 1 Bath
- 804 sft
112- 2 Bed
- 1 Bath
- 780 sft
124- 2 Bed
- 1 Bath
- 660 sft
Why Invest in Ira, Michigan?
Investing in Ira, MI properties under $200k presents a unique opportunity for real estate investors seeking affordable entry points. The area boasts an attractive average rental yield of 7%, a cap rate near 6%, and average cash flows around $150 monthly. Median rent levels remain stable, supporting consistent income generation. With a moderate average ROI of 8% and an appreciation rate close to 3%, Ira offers balanced growth potential amid a renter-occupied rate of roughly 55%. This combination makes affordable single-family homes and condos appealing to both first-time and seasoned investors.
Frequently Asked Questions
Properties under $200k in Ira mainly include single-family homes and small multi-family units. These are often suitable for first-time investors or those seeking affordable rental options.
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