Under $200K Investment Properties for Sale in Leonard, MI
187- 5 Bed
- 1 Bath
- 1517 sft
135- 2 Bed
- 1 Bath
- 800 sft
154- 4 Bed
- 2 Bath
- 1524 sft
94- 3 Bed
- 1 Bath
- 2100 sft
105- 4 Bed
- 2 Bath
- 1797 sft
133- 3 Bed
- 1 Bath
- 1110 sft
101- 5 Bed
- 3 Bath
- 2061 sft
117- 2 Bed
- 1 Bath
- 1112 sft
105- 3 Bed
- 2 Bath
- 1232 sft
142- 3 Bed
- 2 Bath
- 1850 sft
131- 2 Bed
- 1 Bath
- 1143 sft
104- 2 Bed
- 1 Bath
- 924 sft
129- 2 Bed
- 2 Bath
- 1252 sft
138- 2 Bed
- 1 Bath
- 1020 sft
- 3 Bed
- 2 Bath
- 1275 sft
117- 2 Bed
- 1 Bath
- 960 sft
103- 2 Bed
- 1 Bath
- 704 sft
96- 2 Bed
- 1 Bath
- 672 sft
92- 1 Bed
- 1 Bath
- 700 sft
111- 2 Bed
- 1 Bath
- 937 sft
125- 3 Bed
- 2 Bath
- 1520 sft
133- 3 Bed
- 1 Bath
- 966 sft
133- 3 Bed
- 1 Bath
- 2120 sft
343- 5 Bed
- 3 Bath
- 1810 sft
128- 3 Bed
- 2 Bath
- 1600 sft
135- 3 Bed
- 1 Bath
- 1048 sft
125- 1 Bed
- 1 Bath
- 600 sft
Why Invest in Leonard, Michigan?
Investing in Leonard, MI properties under $200k offers a unique opportunity to access affordable real estate in a growing market. With an average ROI around 7%, investors benefit from a healthy rental yield near 8%. The cap rate of approximately 6.5% combined with average cash flow of $750 per month supports strong income potential. Leonard's affordable housing and steady appreciation of 3% annually make it attractive for both new and seasoned investors focused on cash flow and long-term growth.
Frequently Asked Questions
Properties under $200k in Leonard typically include single-family homes and small multi-family units. These are ideal for investors targeting affordable entry points with solid rental income potential.
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