Under $200K Investment Properties for Sale in Lewiston, MI
$ 189,900
ROI
23.6
Cash Flow/m
205- 3 Bed
- 2 Bath
- 1456 sft
5774 White Pine Dr, Lewiston, MI, 49756
$ 174,900
ROI
23.6Cash Flow/m
189- 4 Bed
- 1 Bath
- 2021 sft
4695 Salling Ave, Lewiston, MI, 49756
Airbnb Potential
$ 109,000
ROI
23.0Cash Flow/m
99- 3 Bed
- 1 Bath
- 1800 sft
4360 Buttles Rd, Lewiston, MI, 49756
$ 195,000
ROI
23.6Cash Flow/m
206- 3 Bed
- 2 Bath
- 1545 sft
6436 Big Wolf Lake Rd, 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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