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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Lansing, MI

Listed for sale 3 days ago
$ 179,900
ROI
28.8
Cash Flow/m
451- 3 Bed
- 1 Bath
- 1213 sft
815 N Francis Ave, Lansing, MI, 48912

$ 130,000
ROI
23.1
Cash Flow/m
122- 2 Bed
- 1 Bath
- 1392 sft
130 Renker Rd, LANSING, MI, 48917

Listed for sale 3 days ago
$ 120,000
ROI
23.0
Cash Flow/m
110- 3 Bed
- 1 Bath
- 904 sft
3921 Ingham St, Lansing, MI, 48911

Listed for sale 4 days ago
$ 142,900
ROI
36.2
Cash Flow/m
654- 2 Bed
- 1 Bath
- 1207 sft
2409 Alpha St, Lansing, MI, 48910
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.
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