Under $200K Investment Properties for Sale in Sheridan, MI
$ 200,000
ROI
21.5
Cash Flow/m
94- 3 Bed
- 2 Bath
- 1378 sft
323 Evergreen St, Sheridan, MI, 48884
$ 175,000
ROI
23.6Cash Flow/m
189- 3 Bed
- 2 Bath
- 1944 sft
8140 S Sheridan Rd, Sheridan, MI, 48884
$ 155,000
ROI
23.0Cash Flow/m
142- 3 Bed
- 1 Bath
- 1083 sft
114 W Grant St, Sheridan, MI, 48884
$ 189,900
ROI
31.4Cash Flow/m
617- 3 Bed
- 2 Bath
- 1404 sft
9203 Castle Rd, Sheridan, MI, 48884
Why Invest in Sheridan, Michigan?
Investing in Sheridan, MI real estate under $200k offers affordable entry into a stable market. This price range attracts budget-conscious investors seeking steady rental income with a solid average ROI of 7.2%. Rental yields are competitive at 9%, supported by a cap rate around 6%. Cash flow averages $350 monthly, reflecting reasonable rent prices near $850. Property appreciation trends have shown consistent growth, averaging 3% annually, while renter occupancy remains high at 75%.
7.2%
Avg. ROI
9%
Rental Yield
6%
Cap Rate
$350/mo
Avg. Cash Flow
$850/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
Yes, properties under $200k in Sheridan offer a balanced mix of affordability and positive cash flow with stable rental demand, making it a suitable choice for entry-level investors.
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