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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
Listed for sale 1 day ago
$ 159,900
ROI
23.5
Cash Flow/m
168- 2 Bed
- 1 Bath
- 800 sft
7939 Beechnut St NE, Kalkaska, MI, 49646
Listed for sale 3 days ago
$ 150,000
ROI
23.4Cash Flow/m
150- 1 Bed
- 1 Bath
- 750 sft
497 E Bear Lake Rd NE, Kalkaska, MI, 49646
$ 180,000
ROI
21.4Cash Flow/m
84- 1 Bed
- 1 Bath
- 640 sft
3522 Sigma Rd SE, Kalkaska, MI, 49646
$ 139,900
ROI
24.5Cash Flow/m
183- 2 Bed
- 1 Bath
- 1200 sft
1134 E Lake Dr SE, 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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