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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Lachine, MI
Listed for sale 4 days ago
$ 145,000
ROI
24.0
Cash Flow/m
170- 2 Bed
- 1 Bath
- 1872 sft
11500 M 32 W, Lachine, MI, 49753
Currently Rented
Rental Income
$ 115,000
ROI
33.2Cash Flow/m
431- - Bed
- - Bath
- 3465 sft
10511 M 65 S, Lachine, MI, 49753
$ 173,000
ROI
41.8Cash Flow/m
1062- 3 Bed
- 2 Bath
- 1710 sft
14878 Werth Rd, Lachine, MI, 49753
$ 140,000
ROI
34.8Cash Flow/m
586- 2 Bed
- 1 Bath
- 800 sft
237 Hawks 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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