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

Investment Properties for Sale in Bear Lake, MI

Property at 11369 Milarch Rd, Bear Lake, MI
Listed for sale 2 days ago
$ 239,900
ROI
30.5ROI percentage
Cash Flow/m
Dollar sign718
  • 1 Bed
  • 3 Bath
  • 1344 sft
11369 Milarch Rd, Bear Lake, MI, 49614
Property at 7812 Main St, Bear Lake, MI
Rental Income
Listed for sale 5 days ago
$ 549,000
ROI
32.4ROI percentage
Cash Flow/m
Dollar sign1858
  • 6 Bed
  • 7 Bath
  • 6438 sft
7812 Main St, Bear Lake, MI, 49614
Property at 11518 Chippewa Hwy, Bear Lake, MI
$ 309,900
ROI
23.2ROI percentage
Cash Flow/m
Dollar sign295
  • 4 Bed
  • 2 Bath
  • 2171 sft
11518 Chippewa Hwy, Bear Lake, MI, 49614
Property at 9158 Elsie Ave, Bear Lake, MI
$ 149,900
ROI
23.3ROI percentage
Cash Flow/m
Dollar sign149
  • 3 Bed
  • 2 Bath
  • 1100 sft
9158 Elsie Ave, 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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