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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Lewiston, MI
Listed for sale today
$ 175,000
ROI
30.3
Cash Flow/m
513- 2 Bed
- 1 Bath
- 836 sft
2814 Oak Ave, Lewiston, MI, 49756
Fix & Flip
$ 165,000
ROI
23.6Cash Flow/m
177- 3 Bed
- 1 Bath
- 1148 sft
5290 Boetcher Rd, Lewiston, MI, 49756
$ 119,900
ROI
24.5Cash Flow/m
158- 2 Bed
- 1 Bath
- 642 sft
2835 Big Antler Rd, Lewiston, MI, 49756
Motivated Seller
Rental Income
$ 129,000
ROI
23.2Cash Flow/m
123- 2 Bed
- 1 Bath
- 1120 sft
3909 Dorothy St, Lewiston, MI, 49756
Why Invest in Lewiston, Michigan?
Investing in Lewiston, MI properties under $200k offers a unique opportunity to tap into an affordable market with solid rental yields. This city shows an average ROI of 7.5%, rental yields around 8%, and cap rates near 6%, making it attractive for investors seeking stable cash flow. Lewiston's average rent is $850, with an appreciation rate close to 3% annually and renter occupancy exceeding 65%. The under $200k price point widens access to diverse investment options in this growing Michigan community.
7.5%
Avg. ROI
8%
Rental Yield
6%
Cap Rate
$400/mo
Avg. Cash Flow
$850/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield for properties under $200k in Lewiston is around 8%, providing attractive rental income opportunities for investors.
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