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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Parma, MI
Listed for sale 4 days ago
$ 199,900
ROI
24.9
Cash Flow/m
286- 4 Bed
- 1 Bath
- 1664 sft
209 E Main St, Parma, MI, 49269
$ 129,000
ROI
23.3Cash Flow/m
126- 2 Bed
- 1 Bath
- 1363 sft
6488 N Parma Rd, Parma, MI, 49269
$ 185,000
ROI
23.7Cash Flow/m
203- 2 Bed
- 1 Bath
- 1008 sft
9130 Gordon Rd, Parma, MI, 49269
$ 165,900
ROI
30.8Cash Flow/m
509- 2 Bed
- 2 Bath
- 1347 sft
9621 W Michigan Ave, Parma, MI, 49269
Why Invest in Parma, Michigan?
Investing in Parma, MI with properties under $200k offers an affordable entry into a growing market. The local real estate market boasts solid average ROI and favorable cap rates making it ideal for income-focused investors. Rental yields are attractive due to steady renter occupancy and moderate appreciation rates. The community's stable economic base and proximity to larger cities enhance long-term growth potential.
7%
Avg. ROI
8%
Rental Yield
6%
Cap Rate
$450/mo
Avg. Cash Flow
$850/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield for properties priced under $200k in Parma is approximately 8%, making it attractive for investors seeking steady income.
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