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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Mendon, MI
$ 157,500
ROI
24.9
Cash Flow/m
224- 3 Bed
- 2 Bath
- 1072 sft
226 Pleasant St, Mendon, MI, 49072
$ 145,000
ROI
53.5Cash Flow/m
1363- 4 Bed
- 2 Bath
- 2244 sft
127 E Jackson St, Mendon, MI, 49072
$ 173,000
ROI
28.1Cash Flow/m
400- 2 Bed
- 1 Bath
- 1092 sft
23034 River Run Rd, Mendon, MI, 49072
$ 185,000
ROI
30.4Cash Flow/m
545- 2 Bed
- 1 Bath
- 1200 sft
55065 Nottawa Rd, Mendon, MI, 49072
Why Invest in Mendon, Michigan?
Investing in Mendon, MI properties under $200k offers an affordable entry into a stable market with steady rental demand. With an average ROI of 7%, rental yields near 8%, and cap rates around 6%, investors can expect solid income and cash flow potential. The area's average cash flow of $300 per month and average rent at $850 support sustainable positive returns. Appreciation rates of 3% annually further enhance long-term investment value.
7%
Avg. ROI
8%
Rental Yield
6%
Cap Rate
$300/mo
Avg. Cash Flow
$850/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
Properties under $200k in Mendon typically include single-family homes, small multi-family units, and some townhouses. These offer opportunities for rental income and long-term appreciation.
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