Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Ray, MI
$ 135,000
ROI
45.9
Cash Flow/m
982- - Bed
- - Bath
- - sft
31 Mile Rd, Ray, MI, 48096
$ 138,000
ROI
46.5Cash Flow/m
1026- - Bed
- - Bath
- - sft
19303 Windmill Dr, Ray, MI, 48096
$ 115,000
ROI
81.1Cash Flow/m
1964- - Bed
- - Bath
- - sft
0 Hartway Rd, Ray, MI, 48096
$ 150,000
ROI
93.1Cash Flow/m
3063- - Bed
- - Bath
- - sft
19610 Windmill Dr, Ray, MI, 48096
Why Invest in Ray, Michigan?
Investing in Ray, MI under $200k properties offers an accessible entry point into Michigan's residential market. This price filter highlights affordable options with average ROI around 8%, strong rental yields near 7%, and cap rates close to 6%. Average monthly rents of approximately $900 coupled with steady appreciation rates of 3% support long-term investment growth. The area's renter-occupied rate nearing 55% ensures consistent tenant demand in this community.
8%
Avg. ROI
7%
Rental Yield
6%
Cap Rate
$250/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
Properties under $200k in Ray typically include single-family homes and smaller multi-family units, providing affordable options for investors seeking rental income.
Find Your Perfect Investment Property in Ray, Michigan
Explore investment opportunities by strategy, performance, or property type
