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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Michigan

Listed for sale 1 day ago
$ 195,000
ROI
23.6
Cash Flow/m
207- 4 Bed
- 2 Bath
- 1436 sft
219 Ashland St, Detroit, MI, 48215

Listed for sale 1 day ago
$ 199,900
ROI
24.4
Cash Flow/m
256- 3 Bed
- 2 Bath
- 1600 sft
51707 Washington St, New Baltimore, MI, 48047

Listed for sale 1 day ago
$ 199,900
ROI
25.3
Cash Flow/m
310- 3 Bed
- 1 Bath
- 1075 sft
1147 S Bingham Ave, White Cloud, MI, 49349

Listed for sale 1 day ago
$ 189,000
ROI
29.7
Cash Flow/m
522- 3 Bed
- 2 Bath
- 2118 sft
1447 E Saginaw St, Lansing, MI, 48906
Why Invest in Michigan?
Michigan offers compelling real estate investment opportunities under $200k, particularly in affordable urban and suburban markets. Stable rental demand from manufacturing and service sectors supports consistent cash flow. Average cap rates around 8-10% make these properties attractive for value-add strategies. Recent economic diversification has boosted appreciation potential in key areas. Investor-friendly policies and low entry costs position MI for strong long-term returns.
9.2%
Avg. ROI
7.8%
Rental Yield
8.5%
Cap Rate
$450/mo
Avg. Cash Flow
$1120/mo
Avg. Rent
4.1%
1Y Appreciation
Find Your Perfect Investment Property in Michigan
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