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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Stephenson, MI
$ 129,900
ROI
23.7
Cash Flow/m
142- 3 Bed
- 1 Bath
- 1120 sft
N7761 Jimtown Rd, Stephenson, MI, 49887
Fix & Flip
$ 138,999
ROI
24.3Cash Flow/m
174- 3 Bed
- 2 Bath
- 1700 sft
W624 Division St, Stephenson, MI, 49887
$ 139,900
ROI
24.2Cash Flow/m
173- 3 Bed
- 1 Bath
- 1362 sft
S327 Section St, Stephenson, MI, 49887
$ 170,213
ROI
27.6Cash Flow/m
373- 2 Bed
- 1 Bath
- 1410 sft
N9508 County Road 577, Stephenson, MI, 49887
Why Invest in Stephenson, Michigan?
Investing in properties under $200k in Stephenson, MI offers a unique opportunity for affordable entry into this developing market. With an average rental yield of 8%, cap rates around 7.5%, and average cash flow of $150 per month, investors can expect stable returns. The area has shown a steady appreciation rate of 3% annually, supported by a renter-occupied housing rate of 60%. This market is ideal for those seeking value investments with consistent income potential in Michigan.
7%
Avg. ROI
8%
Rental Yield
7.5%
Cap Rate
$150/mo
Avg. Cash Flow
$850/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average ROI for investment properties under $200k in Stephenson is around 7%, with attractive rental yields near 8%. This makes it a viable option for investors seeking steady income.
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