Under $200K Investment Properties for Sale in Mesa, AZ
288- 2 Bed
- 2 Bath
- 1200 sft
335- 2 Bed
- 2 Bath
- 1144 sft
253- 2 Bed
- 2 Bath
- 1056 sft
334- 2 Bed
- 2 Bath
- 1248 sft
Why Invest in Mesa, Arizona?
Mesa, AZ offers compelling opportunities for properties under $200k, particularly manufactured homes and condos in established communities. Rental yields average 8-10% with strong cash flow potential from retiree and workforce tenants. The city's proximity to Phoenix drives consistent appreciation around 4% annually. Cap rates hover at 7-9% due to low acquisition costs and steady demand. Renter-occupied units exceed 40%, supporting reliable income streams. Economic growth from major employers enhances long-term value.
Frequently Asked Questions
Primarily manufactured homes, condos, and mobile homes in 55+ communities and family parks. These offer low entry costs with lot rents around $500-800 monthly. Many feature recent updates like new roofs and appliances.
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