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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Parchment, MI
Listed for sale 2 days ago
$ 199,000
ROI
24.1
Cash Flow/m
243- 3 Bed
- 1 Bath
- 972 sft
341 E Glenguile St, Parchment, MI, 49004
$ 195,000
ROI
19.8Cash Flow/m
2- 3 Bed
- 1 Bath
- 864 sft
423 E Glenguile St, Parchment, MI, 49004
$ 200,000
ROI
28.5Cash Flow/m
486- 3 Bed
- 2 Bath
- 1796 sft
723 Parchmount Ave, Parchment, MI, 49004
$ 149,900
ROI
36.8Cash Flow/m
709- 3 Bed
- 2 Bath
- 1760 sft
403 Keyes Dr, Parchment, MI, 49004
Why Invest in Parchment, Michigan?
Investing in Parchment, MI properties under $200k offers compelling opportunities to tap into an affordable yet appreciating market. The average ROI stands at 7.2%, supported by a rental yield of 6.5% and a cap rate of 5.8%. This value segment attracts a growing renter population, with over 47% renter occupancy and an average monthly rent around $850. Modest appreciation of 2.1% alongside steady average cash flows enhances investment stability in this locale.
7.2%
Avg. ROI
6.5%
Rental Yield
5.8%
Cap Rate
$120/mo
Avg. Cash Flow
$850/mo
Avg. Rent
2.1%
1Y Appreciation
Frequently Asked Questions
Yes, properties under $200k in Parchment offer solid returns with above-average ROI and rental yields, supported by steady rental demand and moderate appreciation.
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