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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Marquette, MI
Fix & Flip
$ 189,000
ROI
24.5
Cash Flow/m
249- 2 Bed
- 1 Bath
- 800 sft
2263 Werner St, Marquette, MI, 49855
$ 144,900
ROI
23.7Cash Flow/m
159- 4 Bed
- 2 Bath
- 1632 sft
512 Meadowbrook Ln, Marquette, MI, 49855
$ 170,000
ROI
24.9Cash Flow/m
242- 3 Bed
- 2 Bath
- 913 sft
1200 Waldo St, Marquette, MI, 49855
$ 169,900
ROI
23.2Cash Flow/m
164- 2 Bed
- 1 Bath
- 862 sft
2302 Fitch Ave, Marquette, MI, 49855
Why Invest in Marquette, Michigan?
Investing in Marquette, MI with properties under $200k offers unique opportunities for steady rental income and appreciation. With an average ROI of 7.5%, the rental yield stands around 8%. Cap rates hover near 6%, complemented by an average monthly cash flow of $350. The area's average rent is approximately $850, with a renter-occupied rate near 45%, reflecting a healthy rental demand in this vibrant city driven by education and healthcare sectors.
7.5%
Avg. ROI
8%
Rental Yield
6%
Cap Rate
$350/mo
Avg. Cash Flow
$850/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
In Marquette, properties under $200k mostly include single-family homes, small duplexes, and condos. These are often ideal for first-time investors seeking affordable entry points into the market.
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