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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
$ 274,000
ROI
29.6
Cash Flow/m
750- 3 Bed
- 1 Bath
- 1250 sft
9891 Glovers Lake Rd, Bear Lake, MI, 49614
$ 175,000
ROI
36.0Cash Flow/m
790- - Bed
- - Bath
- - sft
Chief Rd, Bear lake, MI, 49614
$ 329,000
ROI
21.4Cash Flow/m
151- 3 Bed
- 2 Bath
- 1120 sft
8367 Lake St, Bear Lake, MI, 49614
Rental Income
$ 235,000
ROI
21.7Cash Flow/m
129- 4 Bed
- 2 Bath
- 1536 sft
12218 7th St, 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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