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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Kalkaska, MI
$ 100,000
ROI
24.6
Cash Flow/m
134- - Bed
- - Bath
- - sft
11496 Lakeview Ave NE, Kalkaska, MI, 49646
$ 189,900
ROI
24.5Cash Flow/m
253- 4 Bed
- 1 Bath
- 1918 sft
1930 Tyler Rd SE, Kalkaska, MI, 49646
$ 199,900
ROI
31.6Cash Flow/m
662- 2 Bed
- 1 Bath
- 768 sft
207 Division St, Kalkaska, MI, 49646
$ 200,000
ROI
20.2Cash Flow/m
23- 2 Bed
- 1 Bath
- 1280 sft
409 N Walnut St, Kalkaska, MI, 49646
Why Invest in Kalkaska, Michigan?
Investing in under $200k properties in Kalkaska, MI offers a unique opportunity for affordable real estate with promising returns. The area boasts steady rental yields and cap rates competitive for Michigan, alongside average cash flow benefiting local investors. Kalkaska's appreciation rate, though modest, complements the above-average renter occupancy, making it appealing for long-term investment. Economic stability and growing job opportunities support ongoing demand for rentals in this locale.
7.5%
Avg. ROI
8.2%
Rental Yield
7%
Cap Rate
$650/mo
Avg. Cash Flow
$900/mo
Avg. Rent
2.5%
1Y Appreciation
Frequently Asked Questions
The average rental yield for under $200k properties in Kalkaska is approximately 8.2%, making it a competitive market for investors seeking rental income.
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