Under $200K Investment Properties for Sale in Skandia, MI
$ 179,900
ROI
22.2
Cash Flow/m
120- 3 Bed
- 2 Bath
- 711 sft
539 Dalton Rd, Skandia, MI, 49885
$ 130,000
ROI
30.8Cash Flow/m
398- 1 Bed
- 1 Bath
- 500 sft
722 S Carlshend Rd, Skandia, MI, 49885
Fix & Flip
$ 135,000
ROI
24.8Cash Flow/m
191- 3 Bed
- 1 Bath
- 995 sft
186 ABRAHAMS ROAD, Skandia, MI, 49885
$ 190,000
ROI
23.4Cash Flow/m
194- 2 Bed
- - Bath
- 1380 sft
627 M 94, Skandia, MI, 49885
Why Invest in Skandia, Michigan?
Investing in Skandia, MI, especially properties under $200k, offers a unique opportunity for affordable entry into the market. The area shows an average ROI of 7%, with rental yields around 8%, indicating solid income potential. Cap rates near 6% and an average cash flow of $400 monthly highlight profitable rental opportunities. Additionally, appreciation rates are steady at 3%, and the renter-occupied rate is 52%, reflecting a balanced housing demand.
7%
Avg. ROI
8%
Rental Yield
6%
Cap Rate
$400/mo
Avg. Cash Flow
$850/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average ROI for properties under $200k in Skandia is approximately 7%, making it a promising market for investors seeking affordability with solid returns.
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