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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Portage, MI
Listed for sale 4 days ago
$ 199,999
ROI
28.5
Cash Flow/m
486- 2 Bed
- 1 Bath
- 824 sft
2304 Mapleview Ave, Portage, MI, 49024
$ 150,000
ROI
24.5Cash Flow/m
199- 1 Bed
- 1 Bath
- 1025 sft
1710 Ramona Ave, Portage, MI, 49002
Fix & Flip
$ 154,900
ROI
24.3Cash Flow/m
198- 3 Bed
- 1 Bath
- 1214 sft
2320 Ramona Ave, Portage, MI, 49002
$ 135,000
ROI
24.9Cash Flow/m
193- 2 Bed
- 1 Bath
- 920 sft
5820 Utah Ave, Portage, MI, 49024
Why Invest in Portage, Michigan?
Investing in Portage, MI under $200k offers attractive opportunities with steady rental demand and competitive cap rates. This market features an average ROI of 7%, rental yields around 6.5%, and consistent appreciation near 3%. Properties under $200k provide solid cash flow potential, making it ideal for income-focused investors in the Michigan real estate scene.
7%
Avg. ROI
6.5%
Rental Yield
6%
Cap Rate
$450/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
Properties under $200k in Portage include single-family homes and smaller multi-family units. These are ideal for investors seeking affordable entry points with steady rental income potential.
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