Under $200K Investment Properties for Sale in Pellston, MI
238- 2 Bed
- 1 Bath
- 1169 sft
144- 2 Bed
- 1 Bath
- 1000 sft
366- 2 Bed
- 2 Bath
- 1200 sft
94- 3 Bed
- 1 Bath
- 2100 sft
105- 4 Bed
- 2 Bath
- 1797 sft
133- 3 Bed
- 1 Bath
- 1110 sft
101- 5 Bed
- 3 Bath
- 2061 sft
117- 2 Bed
- 1 Bath
- 1112 sft
105- 3 Bed
- 2 Bath
- 1232 sft
142- 3 Bed
- 2 Bath
- 1850 sft
131- 2 Bed
- 1 Bath
- 1143 sft
104- 2 Bed
- 1 Bath
- 924 sft
129- 2 Bed
- 2 Bath
- 1252 sft
138- 2 Bed
- 1 Bath
- 1020 sft
- 3 Bed
- 2 Bath
- 1275 sft
117- 2 Bed
- 1 Bath
- 960 sft
103- 2 Bed
- 1 Bath
- 704 sft
96- 2 Bed
- 1 Bath
- 672 sft
92- 1 Bed
- 1 Bath
- 700 sft
111- 2 Bed
- 1 Bath
- 937 sft
125- 3 Bed
- 2 Bath
- 1520 sft
133- 3 Bed
- 1 Bath
- 966 sft
133- 3 Bed
- 1 Bath
- 2120 sft
343- 5 Bed
- 3 Bath
- 1810 sft
128- 3 Bed
- 2 Bath
- 1600 sft
135- 3 Bed
- 1 Bath
- 1048 sft
125- 1 Bed
- 1 Bath
- 600 sft
Why Invest in Pellston, Michigan?
Investing in Pellston, MI under $200k offers a unique opportunity for budget-conscious investors focused on steady rental income and moderate appreciation. This location boasts an average rental yield of 7.2% and a cap rate of 6%, providing sound returns in a stable market. Pellston's affordability supports a renter-occupied rate of 48%, indicating consistent demand. Investors benefit from an average cash flow of $600 monthly and a 3.8% annual property appreciation rate. Government data underscores Pellston’s growing local employment and steady population, reinforcing its appeal for long-term investments.
Frequently Asked Questions
The average rental yield for properties under $200k in Pellston is approximately 7.2%, offering a solid return for investors looking for steady income.
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