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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
Airbnb Potential
$ 315,000
ROI
20.6
Cash Flow/m
71- 3 Bed
- 2 Bath
- 1448 sft
13134 Hopkins Forest Dr, Bear Lake, MI, 49614
$ 225,000
ROI
30.5Cash Flow/m
673- 4 Bed
- 2 Bath
- 1856 sft
12182 Maple St, Bear Lake, MI, 49614
$ 349,000
ROI
28.8Cash Flow/m
876- 3 Bed
- 2 Bath
- 1889 sft
18258 Pleasanton Hwy, Bear Lake, MI, 49614
$ 341,500
ROI
21.4Cash Flow/m
153- 3 Bed
- 2 Bath
- 2040 sft
8671 Thirteen Mile 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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