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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Shelby, MI

Listed for sale 5 days ago
$ 109,000
ROI
23.3
Cash Flow/m
108- 4 Bed
- 2 Bath
- 1368 sft
8590 W Thomas St, Shelby, MI, 49455

$ 129,000
ROI
25.6
Cash Flow/m
210- 2 Bed
- 1 Bath
- 933 sft
2240 E Loop Rd, Shelby, MI, 49455

$ 115,200
ROI
35.8
Cash Flow/m
515- 2 Bed
- 1 Bath
- 720 sft
1715 S 48th Ave, Shelby, MI, 49455

$ 179,900
ROI
24.8
Cash Flow/m
252- 3 Bed
- 2 Bath
- 1800 sft
3115 S 124th Ave, Shelby, MI, 49455
Why Invest in Shelby, Michigan?
Investing in Shelby, MI under $200k offers a strategic opportunity to capitalize on affordable real estate with promising returns. This filter highlights properties attractive to budget-conscious investors aiming for steady rental income. Shelby's average ROI of 7% and rental yield of 8% demonstrate solid cash flow potential. Additionally, a cap rate of 6.5% and favorable appreciation rates support long-term investment growth in this Michigan locale.
7%
Avg. ROI
8%
Rental Yield
6.5%
Cap Rate
$350/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
Most properties under $200k in Shelby include single-family homes and smaller multi-family units. These are ideal for investors seeking affordable entry with potential for rental income.
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