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

$ 119,500
ROI
23.1
Cash Flow/m
111- 3 Bed
- 1 Bath
- 1150 sft
3545 6th St, Owendale, MI, 48754

$ 129,900
ROI
34.8
Cash Flow/m
545- 3 Bed
- 2 Bath
- 1200 sft
3614 6th St, Owendale, MI, 48754

$ 179,900
ROI
20.9
Cash Flow/m
58- 2 Bed
- 2 Bath
- 1032 sft
3445 2nd St, Owendale, MI, 48754

$ 139,900
ROI
31.7
Cash Flow/m
463- 2 Bed
- 2 Bath
- 1000 sft
3480 Moore Rd, Owendale, MI, 48754
Why Invest in Owendale, Michigan?
Investing in Owendale, MI properties under $200k offers a promising opportunity for affordable real estate entry. This segment typically yields a solid average rental yield of 7.5%, with an average ROI near 9%. Capitalization rates hover around 6.5%, paired with average monthly rents of $850. Investors benefit from steady appreciation rates around 3% annually and a renter-occupied rate close to 60%, indicating a stable tenant market.
9%
Avg. ROI
7.5%
Rental Yield
6.5%
Cap Rate
$400/mo
Avg. Cash Flow
$850/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield for properties under $200k in Owendale is approximately 7.5%, making it an attractive option for income-focused investors.
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