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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Bear Lake, MI
Listed for sale 2 days ago
$ 239,900
ROI
30.5
Cash Flow/m
718- 1 Bed
- 3 Bath
- 1344 sft
11369 Milarch Rd, Bear Lake, MI, 49614
$ 309,900
ROI
23.2Cash Flow/m
295- 4 Bed
- 2 Bath
- 2171 sft
11518 Chippewa Hwy, Bear Lake, MI, 49614
$ 149,900
ROI
23.3Cash Flow/m
149- 3 Bed
- 2 Bath
- 1100 sft
9158 Elsie Ave, Bear Lake, MI, 49614
Airbnb Potential
$ 210,000
ROI
24.0Cash Flow/m
245- 1 Bed
- 1 Bath
- 1063 sft
6756 Potter Rd, Bear Lake, MI, 49614
Why Invest in Bear Lake, Michigan?
Investing in Bear Lake, MI properties under $500k offers a promising opportunity for real estate investors. The region features solid rental yields coupled with stable cap rates, making it attractive for steady cash flow. Annual appreciation rates have been moderate, supported by a renter-occupied rate above 40%. Access to local economic growth and expanding infrastructure contributes to this appealing investment climate.
7.2%
Avg. ROI
6.5%
Rental Yield
5.8%
Cap Rate
$6500/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3.2%
1Y Appreciation
Frequently Asked Questions
Bear Lake offers a variety of single-family homes, townhouses, and small multifamily properties under $500k, suitable for both owner-occupants and investors.
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