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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Marlette, MI
Rental Income
$ 143,500
ROI
24.2
Cash Flow/m
176- 3 Bed
- 1 Bath
- 1200 sft
6174 Marlette St, Marlette, MI, 48453
$ 104,900
ROI
24.5Cash Flow/m
138- 2 Bed
- 1 Bath
- 1392 sft
6224 Kilgour St, Marlette, MI, 48453
$ 195,000
ROI
23.9Cash Flow/m
227- 4 Bed
- 2 Bath
- 1731 sft
2380 S Van Dyke Rd, Marlette, MI, 48453
$ 199,999
ROI
23.8Cash Flow/m
223- 3 Bed
- 2 Bath
- 1200 sft
4126 Montgomery Rd, Marlette, MI, 48453
Why Invest in Marlette, Michigan?
Investing in Marlette, MI offers affordable real estate opportunities under $200k, ideal for budget-conscious investors. The city benefits from a stable rental yield averaging 7%, with an average ROI of about 8%, making it competitive in Michigan’s real estate market. Cap rates hover around 6%, supporting steady cash flow and rental demand. An average monthly rent of $850 with growing renter-occupied units highlights potential for reliable income and appreciation prospects.
8%
Avg. ROI
7%
Rental Yield
6%
Cap Rate
$200/mo
Avg. Cash Flow
$850/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield for properties priced under $200k in Marlette is approximately 7%, offering a solid return for investment properties.
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