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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 5 days ago
$ 190,000
ROI
24.0
Cash Flow/m
225- 2 Bed
- 1 Bath
- 810 sft
4475 Dennis Ave, Lewiston, MI, 49756
$ 149,500
ROI
24.9Cash Flow/m
214- 2 Bed
- 1 Bath
- 960 sft
1121 N Red Oak Rd, Lewiston, MI, 49756
$ 160,000
ROI
23.6Cash Flow/m
172- 4 Bed
- 2 Bath
- 1560 sft
3007 Bittersweet Dr, Lewiston, MI, 49756
$ 150,000
ROI
31.3Cash Flow/m
480- 4 Bed
- 1 Bath
- 1800 sft
3821 Henry Hwy, 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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