Under $200K Investment Properties for Sale in Lachine, MI
$ 159,000
ROI
28.5
Cash Flow/m
388- 3 Bed
- 2 Bath
- 1450 sft
123 Lakeshore Dr, Lachine, MI, 49753
$ 169,900
ROI
28.3Cash Flow/m
402- 2 Bed
- 2 Bath
- 864 sft
12382 Carney Rd, Lachine, MI, 49753
$ 144,900
ROI
23.7Cash Flow/m
157- 2 Bed
- 1 Bath
- 1120 sft
7840 M 65 S, Lachine, MI, 49753
$ 130,000
ROI
24.9Cash Flow/m
187- 2 Bed
- 1 Bath
- 792 sft
5169 Truax Rd, Lachine, MI, 49753
Why Invest in Lachine, Michigan?
Investing in Lachine, MI properties under $200k offers an affordable entry into a stable market. This segment appeals to investors seeking reasonable cap rates and steady rental yields. Lachine's average ROI stands around 7%, with rental yields near 6%. The local market shows a positive 3% appreciation trend, supporting long-term growth. Investor-friendly cash flow averages about $500 per unit, reflecting strong renter occupancy above 90%.
7%
Avg. ROI
6%
Rental Yield
7.5%
Cap Rate
$500/mo
Avg. Cash Flow
$850/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield for properties under $200k in Lachine is approximately 6%, reflecting stable rental demand and affordable property prices.
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