Under $200K Investment Properties for Sale in Mayville, MI
$ 150,000
ROI
24.5
Cash Flow/m
199- 3 Bed
- 1 Bath
- 1433 sft
6035 Lincoln St, Mayville, MI, 48744
$ 159,900
ROI
23.3Cash Flow/m
156- 3 Bed
- 1 Bath
- 1586 sft
5960 Trend St, Mayville, MI, 48744
$ 154,900
ROI
24.8Cash Flow/m
216- 2 Bed
- 1 Bath
- 1216 sft
6035 Pine St, Mayville, MI, 48744
$ 115,000
ROI
24.5Cash Flow/m
152- 4 Bed
- 2 Bath
- 2572 sft
6032 Fox 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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