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 Richmond, MI
$ 167,800
ROI
27.7
Cash Flow/m
371- 2 Bed
- 1 Bath
- 1035 sft
68457 Rosewood Ln, Richmond, MI, 48062
$ 199,900
ROI
31.5Cash Flow/m
651- 2 Bed
- 1 Bath
- 764 sft
68955 Howard St, Richmond, MI, 48062
$ 168,000
ROI
28.7Cash Flow/m
419- 2 Bed
- 1 Bath
- 1035 sft
68397 Rosewood Ln, Richmond, MI, 48062
$ 190,000
ROI
34.4Cash Flow/m
773- 3 Bed
- 2 Bath
- 1804 sft
68398 Seymour St, Richmond, MI, 48062
Why Invest in Richmond, Michigan?
Investing in Richmond, MI properties under $200k offers a unique entry point into a growing real estate market. With an average ROI of 7.2%, rental yield around 8%, and cap rates near 6%, this filter highlights affordable assets with solid cash flow. The average rent stabilizes at approximately $900, while annual appreciation is steady at 2.5%. The renter-occupied rate is notable at 50%, indicating strong rental demand.
7.2%
Avg. ROI
8%
Rental Yield
6%
Cap Rate
$850/mo
Avg. Cash Flow
$900/mo
Avg. Rent
2.5%
1Y Appreciation
Frequently Asked Questions
The average rental yield for properties under $200k in Richmond is approximately 8%, making these properties attractive for income-focused investors.
Find Your Perfect Investment Property in Richmond, Michigan
Explore investment opportunities by strategy, performance, or property type
