Under $200K Investment Properties for Sale in Mio, MI
$ 155,000
ROI
23.2
Cash Flow/m
149- 1 Bed
- 1 Bath
- 1100 sft
1465 W Cherry Creek Rd, Mio, MI, 48647
$ 165,000
ROI
31.8Cash Flow/m
554- 3 Bed
- 2 Bath
- 1248 sft
1424 W 11th St, Mio, MI, 48647
$ 144,900
ROI
23.4Cash Flow/m
148- 3 Bed
- 1 Bath
- 1248 sft
91 W Arthur Randall Dr, Mio, MI, 48647
$ 174,900
ROI
23.5Cash Flow/m
179- 2 Bed
- 1 Bath
- 970 sft
4357 Broughton Dr, Mio, MI, 48647
Why Invest in Mio, Michigan?
Investing in properties under $200k in Mio, MI offers a unique opportunity to enter the market at an affordable price point. This area has a cap rate averaging 7.2%, rental yields near 8%, and an average cash flow around $400 monthly. Appreciation rates of 3.1% annually suggest steady long-term growth. With a renter-occupied rate of 60%, rental demand remains healthy in this niche.
8%
Avg. ROI
7.8%
Rental Yield
7.2%
Cap Rate
$400/mo
Avg. Cash Flow
$850/mo
Avg. Rent
3.1%
1Y Appreciation
Frequently Asked Questions
Properties under $200k in Mio mainly include single-family homes and some smaller multi-family units. These are ideal for investors seeking affordable entry points with potential for rental income.
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