Under $200K Investment Properties for Sale in Millington, MI

Investing in Millington, MI, with properties under $200k offers a unique chance to capitalize on the affordable housing market. The area shows a solid average ROI of 7%, complemented by a rental yield of 8.2%, making it attractive for income-focused investors. A cap rate of 6.5% coupled with an average cash flow of $450 per month indicates steady revenue opportunities. Millington's average rent of $850 reflects strong demand, driven by a renter-occupied rate of 40%. Appreciation remains moderate at 2.5%, suggesting stable long-term value growth.