Investment Properties Under $200K in Sheridan, MI | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Under $200K Investment Properties for Sale in Sheridan, MI

Property at 4337 Holland Lake Rd, Sheridan, MI
Listed for sale 5 days ago
$ 148,000
ROI
24.0ROI percentage
Cash Flow/m
Dollar sign175
  • 3 Bed
  • 1 Bath
  • 1500 sft
4337 Holland Lake Rd, Sheridan, MI, 48884
Property at 233 S Oak St, Sheridan, MI
$ 169,000
ROI
23.1ROI percentage
Cash Flow/m
Dollar sign156
  • 5 Bed
  • 1 Bath
  • 1982 sft
233 S Oak St, Sheridan, MI, 48884
Property at 311 E Grant St, Sheridan, MI
$ 169,900
ROI
23.7ROI percentage
Cash Flow/m
Dollar sign185
  • 3 Bed
  • 2 Bath
  • 1452 sft
311 E Grant St, Sheridan, MI, 48884
Property at 3545 S Roy Dr, Sheridan, MI
$ 175,000
ROI
27.3ROI percentage
Cash Flow/m
Dollar sign367
  • 1 Bed
  • 1 Bath
  • 800 sft
3545 S Roy Dr, 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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