Under $200K Investment Properties for Sale in Union, MI
465- 2 Bed
- 1 Bath
- 1152 sft
131- - Bed
- 1 Bath
- - sft
810- 4 Bed
- - Bath
- 1692 sft
151- 3 Bed
- 1 Bath
- 1327 sft
Why Invest in Union, Michigan?
Investing in Union, MI properties under $200k offers an excellent entry point into Michigan's growing real estate market. Affordable housing options here boast an average ROI of 8.5% and a rental yield of 7%, reflecting strong demand from renter-occupied homes, which make up 62% of the market. Cap rates remain attractive at around 6.8%, providing stable cash flow for investors. Recent appreciation rates of 3% indicate steady value growth in this region, making it a smart choice for long-term investment.
Frequently Asked Questions
Most properties under $200k in Union are single-family homes and small multi-unit buildings, ideal for investors seeking affordable entry points. These homes often attract renters, providing steady rental income.
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