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 Shelby, MI

Listed for sale 7 days ago
$ 175,000
ROI
24.7
Cash Flow/m
242- 3 Bed
- 2 Bath
- 1372 sft
354 Lesada Ave, Shelby, MI, 49455

$ 180,000
ROI
28.0
Cash Flow/m
415- 2 Bed
- 1 Bath
- 741 sft
2249 E Ferry St, Shelby, MI, 49455

$ 182,000
ROI
26.1
Cash Flow/m
323- 2 Bed
- 1 Bath
- 763 sft
263 E 6th St, Shelby, MI, 49455

Motivated Seller
$ 105,000
ROI
23.6
Cash Flow/m
114- 3 Bed
- 1 Bath
- 1329 sft
2845 S Oceana Dr, 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.
Find Your Perfect Investment Property in Shelby, Michigan
Explore investment opportunities by strategy, performance, or property type
