Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Lansing, MI
Listed for sale 1 day ago
$ 189,000
ROI
29.7
Cash Flow/m
522- 3 Bed
- 2 Bath
- 2118 sft
1447 E Saginaw St, Lansing, MI, 48906
$ 110,000
ROI
23.6Cash Flow/m
117- 2 Bed
- 1 Bath
- 839 sft
421 S Clemens Ave, LANSING, MI, 48912
Listed for sale 1 day ago
$ 129,900
ROI
24.8Cash Flow/m
183- 4 Bed
- 1 Bath
- 895 sft
211 W Barnes Ave, Lansing, MI, 48910
$ 130,000
ROI
23.1Cash Flow/m
122- 2 Bed
- 1 Bath
- 1392 sft
130 Renker Rd, LANSING, MI, 48917
Why Invest in Lansing, Michigan?
Lansing, MI offers strong investment potential in homes under $200k, with affordable entry points for cash-flowing rentals. State government jobs provide employment stability, supporting consistent rental demand. Typical properties yield 8-10% cap rates with average rents around $1,200 monthly. Annual appreciation of 4% and 45% renter occupancy make these deals attractive for passive income.
9.5%
Avg. ROI
8.2%
Rental Yield
9.1%
Cap Rate
$350/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4.2%
1Y Appreciation
Frequently Asked Questions
Most listings are 2-4 bedroom single-family homes averaging 1,200 sqft, ideal for rentals or flips. Neighborhoods like Westside and Downtown offer strong value. Many include recent updates like new roofs.
Find Your Perfect Investment Property in Lansing, Michigan
Explore investment opportunities by strategy, performance, or property type
