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

$ 150,000
ROI
28.4
Cash Flow/m
360- 2 Bed
- 1 Bath
- 486 sft
12377 Bair Lake St Lot 4, Jones, MI, 49061

Fix & Flip
$ 160,000
ROI
42.1
Cash Flow/m
997- 3 Bed
- 1 Bath
- 1716 sft
66546 Birch Rd, Jones, MI, 49061

$ 185,000
ROI
36.6
Cash Flow/m
866- 3 Bed
- 2 Bath
- 1408 sft
61395 N Main St, Jones, MI, 49061

$ 129,500
ROI
21.5
Cash Flow/m
63- 2 Bed
- 1 Bath
- 398 sft
12377 Bair Lake St, Jones, MI, 49061
Why Invest in Jones, Michigan?
Investing in Jones, MI properties under $200k offers a strategic entry into a growing Midwestern market. This price point appeals to first-time investors aiming for stable rental yields around 7%, with average cash flow aligning well with local cap rates of approximately 6%. Jones benefits from a steady appreciation rate near 3% annually, supported by a renter-occupied rate exceeding 60%. Its economic fundamentals make it an attractive option for diversification within Michigan's real estate landscape.
8%
Avg. ROI
7%
Rental Yield
6%
Cap Rate
$800/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
Properties under $200k in Jones typically include single-family homes and small multifamily units, ideal for entry-level investors seeking rental income.
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