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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Bear Lake, MI

$ 625,000
ROI
21.9
Cash Flow/m
308- 8 Bed
- 3 Bath
- 3200 sft
7909 Eleven Mile Rd, Bear Lake, MI, 49614

$ 175,000
ROI
36.0
Cash Flow/m
790- - Bed
- - Bath
- - sft
Chief Rd, Bear lake, MI, 49614

$ 274,000
ROI
29.6
Cash Flow/m
750- 3 Bed
- 1 Bath
- 1250 sft
9891 Glovers Lake Rd, Bear Lake, MI, 49614

$ 329,000
ROI
21.4
Cash Flow/m
151- 3 Bed
- 2 Bath
- 1120 sft
8367 Lake St, Bear Lake, MI, 49614
Why Invest in Bear Lake, Michigan?
Bear Lake, MI presents a unique opportunity for real estate investors interested in tranquil lakefront properties and vacation homes. The local market offers competitive average ROI and steadily appreciating home values due to limited inventory. Rental yields remain solid, especially during prime tourist seasons, providing consistent cash flow. Investors benefit from a high renter-occupied rate in the region, supported by growing tourism and outdoor recreational activities.
7%
Avg. ROI
5%
Rental Yield
6%
Cap Rate
$800/mo
Avg. Cash Flow
$1100/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
Lakefront vacation homes and small rentals tend to offer the best returns due to high demand from tourists and seasonal residents.
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