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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Montague, MI
$ 199,900
ROI
28.4
Cash Flow/m
482- 3 Bed
- 2 Bath
- 1536 sft
8431 Meade St, Montague, MI, 49437
$ 199,900
ROI
24.5Cash Flow/m
261- 3 Bed
- 2 Bath
- 1456 sft
837 W Skeels Rd, Montague, MI, 49437
$ 130,000
ROI
60.3Cash Flow/m
1468- 5 Bed
- 1 Bath
- 3196 sft
8974 Park St, Montague, MI, 49437
$ 199,900
ROI
51.1Cash Flow/m
1745- 6 Bed
- 3 Bath
- 3144 sft
4050 Fruitvale Rd, Montague, MI, 49437
Why Invest in Montague, Michigan?
Investing in Montague, MI properties under $200k offers attractive opportunities for affordable entry into the Michigan real estate market. The town shows stable rental yields around 7% and cap rates near 6%, making it a favorable environment for cash flow-focused investors. Appreciation rates average about 2.5% annually, supported by steady renter occupation at approximately 65%. These metrics suggest solid long-term potential in this cost-conscious segment of the market.
8%
Avg. ROI
7%
Rental Yield
6%
Cap Rate
$850/mo
Avg. Cash Flow
$950/mo
Avg. Rent
2.5%
1Y Appreciation
Frequently Asked Questions
Montague offers a range of single-family homes and some small multi-family units within the under $200k price range, suitable for entry-level investors and those seeking affordable rentals.
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