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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Palmyra, MI
$ 129,900
ROI
23.1
Cash Flow/m
122- 2 Bed
- 1 Bath
- 1260 sft
5377 Palmyra Rd, Palmyra, MI, 49268
$ 180,000
ROI
24.4Cash Flow/m
234- 2 Bed
- 1 Bath
- 1200 sft
1102 Wellsville Hwy, Palmyra, MI, 49268
$ 110,000
ROI
23.9Cash Flow/m
126- 2 Bed
- 2 Bath
- 980 sft
6162 Mitchell Rd, Palmyra, MI, 49268
$ 199,900
ROI
28.9Cash Flow/m
506- 4 Bed
- 2 Bath
- 1971 sft
6585 Rouget Rd, Palmyra, MI, 49268
Why Invest in Palmyra, Michigan?
Investing in Palmyra, MI, especially properties under $200k, offers a solid opportunity for steady returns. The area features an attractive average rental yield and a cap rate that appeals to income-focused investors. With reasonable appreciation rates and a renter-occupied market, Palmyra balances affordability with growth potential. Local economic developments continue to support employment growth, enhancing rental demand and cash flow prospects.
7.5%
Avg. ROI
8.2%
Rental Yield
6.5%
Cap Rate
$800/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3.1%
1Y Appreciation
Frequently Asked Questions
Palmyra offers affordable property options with solid rental yields and steady cash flow potential. Economic stability and ongoing infrastructure improvements make it attractive for investors seeking moderate appreciation.
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