Under $200K Investment Properties for Sale in Pellston, MI
2185- 4 Bed
- 1 Bath
- 1100 sft
1325- 2 Bed
- 1 Bath
- 820 sft
366- 2 Bed
- 2 Bath
- 1200 sft
131- 3 Bed
- 1 Bath
- 1000 sft
145- 2 Bed
- 1 Bath
- 720 sft
128- 3 Bed
- 1 Bath
- 1485 sft
141- 2 Bed
- 1 Bath
- 1080 sft
389- 6 Bed
- 1 Bath
- 2350 sft
- 3 Bed
- 2 Bath
- 1244 sft
129- 2 Bed
- 1 Bath
- 1320 sft
-- 3 Bed
- 2 Bath
- 1152 sft
140- 2 Bed
- 1 Bath
- 804 sft
141- 3 Bed
- 1 Bath
- 1208 sft
91- 2 Bed
- 1 Bath
- 778 sft
134- - Bed
- - Bath
- - sft
- 1 Bed
- 1 Bath
- 793 sft
326- 2 Bed
- 2 Bath
- - sft
130- 2 Bed
- 1 Bath
- 696 sft
117- 3 Bed
- 1 Bath
- 960 sft
- 1 Bed
- 1 Bath
- 596 sft
144- 2 Bed
- 1 Bath
- 874 sft
123- 2 Bed
- 2 Bath
- 969 sft
135- 2 Bed
- 1 Bath
- 1031 sft
98- 2 Bed
- 1 Bath
- 1040 sft
122- - Bed
- - Bath
- 1296 sft
139- 3 Bed
- 1 Bath
- 929 sft
100- 2 Bed
- 1 Bath
- 780 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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