Investment Properties Under $200K in Marquette, MI | Ziffy.ai
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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

Property at 1200 Waldo St, Marquette, MI
$ 170,000
ROI
24.9ROI percentage
Cash Flow/m
Dollar sign242
  • 3 Bed
  • 2 Bath
  • 913 sft
1200 Waldo St, Marquette, MI, 49855
Property at 2302 Fitch Ave, Marquette, MI
$ 169,900
ROI
23.2ROI percentage
Cash Flow/m
Dollar sign164
  • 2 Bed
  • 1 Bath
  • 862 sft
2302 Fitch Ave, Marquette, MI, 49855
Property at 221 Jackson St, Marquette, MI
$ 162,400
ROI
50.0ROI percentage
Cash Flow/m
Dollar sign1366
  • 3 Bed
  • 1 Bath
  • 1154 sft
221 Jackson St, Marquette, MI, 49855
Property at 223 N 6th St, Marquette, MI
Rental Income
$ 153,000
ROI
38.5ROI percentage
Cash Flow/m
Dollar sign797
  • 2 Bed
  • 1 Bath
  • 708 sft
223 N 6th St, 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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