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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 7 days ago
$ 148,000
ROI
23.3
Cash Flow/m
146- 2 Bed
- 1 Bath
- 982 sft
13765 Sunburry Rd NE, Kalkaska, MI, 49646
$ 155,000
ROI
24.1Cash Flow/m
187- 2 Bed
- 2 Bath
- 768 sft
11556 Hillcrest Blvd NE, Kalkaska, MI, 49646
Fix & Flip
$ 100,000
ROI
23.2Cash Flow/m
96- 5 Bed
- 2 Bath
- 2300 sft
301 S Cherry St, Kalkaska, MI, 49646
Fix & Flip
$ 100,000
ROI
23.9Cash Flow/m
116- 5 Bed
- 2 Bath
- 2300 sft
310 S Cherry 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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