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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Merritt, MI
$ 174,900
ROI
24.3
Cash Flow/m
223- 2 Bed
- 2 Bath
- 1408 sft
250 S Merritt Rd, Merritt, MI, 49667
$ 189,900
ROI
24.9Cash Flow/m
272- 3 Bed
- 2 Bath
- 1992 sft
5626 S Jeffs Rd APT B, Merritt, MI, 49667
$ 150,000
ROI
24.4Cash Flow/m
192- 3 Bed
- 1 Bath
- 1200 sft
4174 N Dorr Rd, Merritt, MI, 49667
or
Here are some other similar properties you might be interested in:
Listed for sale 2 days ago
$ 100,000
ROI
24.7Cash Flow/m
139- 3 Bed
- 1 Bath
- 2100 sft
490 W Saginaw St, Breckenridge, MI, 48615
Fix & Flip
Listed for sale 2 days ago
$ 100,000
ROI
23.5Cash Flow/m
105- 4 Bed
- 2 Bath
- 1797 sft
19285 E Forteen Mile Rd, Clinton Township, MI, 48035
Listed for sale 4 days ago
$ 100,000
ROI
24.5Cash Flow/m
133- 3 Bed
- 1 Bath
- 1110 sft
24540 Wagner Ave, Warren, MI, 48089
Fix & Flip
Listed for sale 4 days ago
$ 100,000
ROI
23.4Cash Flow/m
101- 5 Bed
- 3 Bath
- 2061 sft
1233 Concord St, Detroit, MI, 48207
Fix & Flip
Listed for sale 7 days ago
$ 100,000
ROI
24.0Cash Flow/m
117- 2 Bed
- 1 Bath
- 1112 sft
2375 Tamarack St, Lake Odessa, MI, 48849
Listed for sale 7 days ago
$ 100,000
ROI
23.5Cash Flow/m
105- 3 Bed
- 2 Bath
- 1232 sft
19039 Deering St, Livonia, MI, 48152
Airbnb Potential
Listed for sale 7 days ago
$ 100,000
ROI
24.9Cash Flow/m
142- 3 Bed
- 2 Bath
- 1850 sft
380 Hemlock St, Republic, MI, 49879
Fix & Flip
$ 100,000
ROI
24.5Cash Flow/m
131- 2 Bed
- 1 Bath
- 1143 sft
164 Deming Rd, Shelby, MI, 49455
Fix & Flip
$ 100,000
ROI
23.5Cash Flow/m
104- 2 Bed
- 1 Bath
- 924 sft
5175 Mancelona Rd, Mancelona, MI, 49659
$ 100,000
ROI
24.4Cash Flow/m
129- 2 Bed
- 2 Bath
- 1252 sft
450 Minerva St, Eaton Rapids, MI, 48827
$ 100,000
ROI
24.7Cash Flow/m
138- 2 Bed
- 1 Bath
- 1020 sft
26809 Dartmouth St, Inkster, MI, 48141
$ 100,000
ROI
(3.1)Gross Rent Yield
9.6- 3 Bed
- 2 Bath
- 1275 sft
13813 Shamrock Ln NE, Cedar Springs, MI, 49319
$ 100,000
ROI
24.0Cash Flow/m
117- 2 Bed
- 1 Bath
- 960 sft
1709 S Pennsylvania Ave, Lansing, MI, 48910
Airbnb Potential
$ 100,000
ROI
23.4Cash Flow/m
103- 2 Bed
- 1 Bath
- 704 sft
121 Sandpiper Ave, Houghton Lake, MI, 48629
$ 100,000
ROI
23.2Cash Flow/m
96- 2 Bed
- 1 Bath
- 672 sft
111 E 6th St, Pinconning, MI, 48650
$ 100,000
ROI
23.0Cash Flow/m
92- 1 Bed
- 1 Bath
- 700 sft
1201 W Moore Rd, Grant, MI, 49327
$ 100,000
ROI
23.7Cash Flow/m
111- 2 Bed
- 1 Bath
- 937 sft
2988 Sharp Rd, Adrian, MI, 49221
$ 100,000
ROI
24.2Cash Flow/m
125- 3 Bed
- 2 Bath
- 1520 sft
8890 Zion Rd, Rives Junction, MI, 49277
Fix & Flip
$ 100,000
ROI
24.5Cash Flow/m
133- 3 Bed
- 1 Bath
- 966 sft
15 4th St, Plainwell, MI, 49080
$ 100,000
ROI
24.5Cash Flow/m
133- 3 Bed
- 1 Bath
- 2120 sft
440 Mill St, Constantine, MI, 49042
Fix & Flip
$ 100,000
ROI
32.1Cash Flow/m
343- 5 Bed
- 3 Bath
- 1810 sft
124 W Pine St, Cadillac, MI, 49601
$ 100,000
ROI
24.3Cash Flow/m
128- 3 Bed
- 2 Bath
- 1600 sft
157 Harrison St, Manistee, MI, 49660
Motivated Seller
$ 100,000
ROI
24.6Cash Flow/m
135- 3 Bed
- 1 Bath
- 1048 sft
519 W Main St, Hartford, MI, 49057
$ 100,000
ROI
24.2Cash Flow/m
125- 1 Bed
- 1 Bath
- 600 sft
8312 W Burdock Ave, Baldwin, MI, 49304
Why Invest in Merritt, Michigan?
Investing in Merritt, MI with properties under $200k offers a great opportunity to tap into an affordable market with solid returns. The average ROI in this market hovers around 7%, supported by a rental yield of approximately 6.5%. Cap rates average near 7%, indicating strong potential for cash flow and property appreciation, while the average cash flow remains positive for investors focusing on budget-friendly properties. Renter occupancy rates are healthy, driven by local economic stability and population trends.
7%
Avg. ROI
6.5%
Rental Yield
7%
Cap Rate
$120/mo
Avg. Cash Flow
$850/mo
Avg. Rent
2.5%
1Y Appreciation
Frequently Asked Questions
Properties under $200k typically include single-family homes, small multifamily units, and some condominiums, ideal for entry-level investors seeking affordable options.
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