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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Mayville, MI
Listed for sale 6 days ago
$ 105,500
ROI
23.1
Cash Flow/m
99- 2 Bed
- 1 Bath
- 1064 sft
125 E Main St, Mayville, MI, 48744
Listed for sale 6 days ago
$ 145,000
ROI
24.6Cash Flow/m
194- 3 Bed
- 1 Bath
- 1000 sft
4751 Schott Rd, Mayville, MI, 48744
$ 134,900
ROI
24.5Cash Flow/m
178- 2 Bed
- 1 Bath
- 684 sft
3077 Phelps Lake Rd, Mayville, MI, 48744
$ 169,900
ROI
24.5Cash Flow/m
222- 2 Bed
- 2 Bath
- 1600 sft
6223 1st St, Mayville, MI, 48744
Why Invest in Mayville, Michigan?
Investing in Mayville, MI under $200k offers a unique opportunity to capitalize on the area's affordable real estate market. The city shows a steady rental yield around 8%, with average ROI close to 7%. Attractive cap rates near 6% combined with average cash flow make it appealing for entry-level investors. Mayville's renter-occupied rate is moderate, ensuring tenant demand. Appreciation trends remain positive, reflecting a stable housing market and potential for growth.
7%
Avg. ROI
8%
Rental Yield
6%
Cap Rate
$600/mo
Avg. Cash Flow
$850/mo
Avg. Rent
2.5%
1Y Appreciation
Frequently Asked Questions
Properties under $200k in Mayville often include single-family homes, duplexes, and small multi-family units. These are suitable for investors seeking affordable entry points into the local market.
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