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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Pelkie, MI
Fix & Flip
Listed for sale 7 days ago
$ 149,900
ROI
23.1
Cash Flow/m
141- 3 Bed
- 1 Bath
- 1564 sft
23180 S Laird Rd, Pelkie, MI, 49958
$ 175,000
ROI
23.7Cash Flow/m
194- - Bed
- - Bath
- 1650 sft
16372 Pelkie Rd, Pelkie, MI, 49958
$ 199,000
ROI
23.9Cash Flow/m
230- 3 Bed
- 1 Bath
- 1104 sft
16120 Horoscope Rd, Pelkie, MI, 49958
$ 179,999
ROI
24.2Cash Flow/m
224- 2 Bed
- 1 Bath
- - sft
13212 Niemi Rd, Pelkie, MI, 49958
Why Invest in Pelkie, Michigan?
Investing in Pelkie, MI properties under $200k presents unique opportunities for real estate investors aiming for affordable entry points. The area boasts an average ROI around 7%, with steady rental yields near 8%, and cap rates at approximately 6.5%. Rental demand remains solid, supporting average cash flows of about $600 per month. With a moderate appreciation rate near 2%, Pelkie offers stable growth for long-term portfolios within Michigan's real estate market.
7%
Avg. ROI
8%
Rental Yield
6.5%
Cap Rate
$600/mo
Avg. Cash Flow
$650/mo
Avg. Rent
2%
1Y Appreciation
Frequently Asked Questions
Properties under $200k in Pelkie typically include single-family homes and small multi-family units, suitable for entry-level investors and rental opportunities.
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