Under $200K Investment Properties for Sale in Lathrup Village, MI
902- 2 Bed
- 2 Bath
- 1472 sft
193- 2 Bed
- 2 Bath
- 1150 sft
109- 2 Bed
- 1 Bath
- 1930 sft
119- 3 Bed
- 2 Bath
- 1296 sft
143- 3 Bed
- 1 Bath
- 1000 sft
145- 2 Bed
- 1 Bath
- 720 sft
128- 3 Bed
- 1 Bath
- 1485 sft
141- 2 Bed
- 1 Bath
- 1080 sft
- 3 Bed
- 2 Bath
- 1244 sft
129- 2 Bed
- 1 Bath
- 1320 sft
140- 2 Bed
- 1 Bath
- 804 sft
141- 3 Bed
- 1 Bath
- 1208 sft
91- 2 Bed
- 1 Bath
- 778 sft
134- - Bed
- - Bath
- - sft
- 1 Bed
- 1 Bath
- 793 sft
326- 2 Bed
- 2 Bath
- - sft
130- 2 Bed
- 1 Bath
- 696 sft
117- 3 Bed
- 1 Bath
- 960 sft
- 1 Bed
- 1 Bath
- 596 sft
144- 2 Bed
- 1 Bath
- 874 sft
123- 2 Bed
- 2 Bath
- 969 sft
135- 2 Bed
- 1 Bath
- 1031 sft
98- 2 Bed
- 1 Bath
- 1040 sft
122- - Bed
- - Bath
- 1296 sft
-- 3 Bed
- 2 Bath
- 1056 sft
139- 3 Bed
- 1 Bath
- 929 sft
Why Invest in Lathrup Village, Michigan?
Investing in Lathrup Village, MI, especially properties under $200k, presents a compelling opportunity for real estate investors. The area boasts a solid average ROI of 7% and rental yields around 6%, supported by a rental market with average rents near $900. Capitalization rates remain attractive at approximately 6.5%, while cash flows average $250 monthly, making this an ideal market for steady returns. With consistent appreciation rates near 3.2%, investors can expect growth alongside stable occupancy rates above 70%.
Frequently Asked Questions
Lathrup Village offers steady rental demand, attractive cap rates near 6.5%, and positive cash flow for properties under $200k. Its proximity to Detroit's job market enhances economic stability and growth potential.
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