Investment Properties Under $200K in Six Lakes, 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 Six Lakes, MI

Property at 6240 Terry Dr, Six Lakes, MI
$ 179,900
ROI
26.5ROI percentage
Cash Flow/m
Dollar sign338
  • 3 Bed
  • 1 Bath
  • 877 sft
6240 Terry Dr, Six Lakes, MI, 48886
Property at 6040 N Hillman Rd, Six Lakes, MI
$ 189,000
ROI
25.6ROI percentage
Cash Flow/m
Dollar sign305
  • 2 Bed
  • 1 Bath
  • 960 sft
6040 N Hillman Rd, Six Lakes, MI, 48886
Property at 8789 N Derby Rd, Six Lakes, MI
$ 141,001
ROI
46.6ROI percentage
Cash Flow/m
Dollar sign1053
  • 3 Bed
  • 1 Bath
  • 1400 sft
8789 N Derby Rd, Six Lakes, MI, 48886
Property at 4499 Woodland Dr, Six Lakes, MI
$ 119,900
ROI
24.5ROI percentage
Cash Flow/m
Dollar sign160
  • 1 Bed
  • 1 Bath
  • 552 sft
4499 Woodland Dr, Six Lakes, MI, 48886

Why Invest in Six Lakes, Michigan?

Investing in Six Lakes, MI under $200k properties offers a unique opportunity for affordable real estate with solid growth potential. This area boasts an average ROI of 8%, rental yields near 7%, and cap rates around 6%, making it attractive for cash flow-focused investors. The average monthly rent is $750, supporting steady cash flow while the renter occupancy rate remains high at 65%. Appreciation trends indicate modest growth, aligning well with long-term investment strategies.

8%
Avg. ROI
7%
Rental Yield
6%
Cap Rate
$150/mo
Avg. Cash Flow
$750/mo
Avg. Rent
2%
1Y Appreciation

Frequently Asked Questions

Properties under $200k in Six Lakes typically include single-family homes and small multi-family units. These are suitable for investors seeking affordable entry points with solid rental demand.

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