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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Central Lake, MI
Listed for sale 3 days ago
$ 104,000
ROI
23.5
Cash Flow/m
108- 3 Bed
- 2 Bath
- 1216 sft
3475 N M 88 Hwy, Central Lake, MI, 49622
Listed for sale 5 days ago
$ 220,000
ROI
30.4Cash Flow/m
651- 3 Bed
- 2 Bath
- 1920 sft
10420 Maple View Dr, Central Lake, MI, 49622
Listed for sale 7 days ago
$ 174,900
ROI
28.3Cash Flow/m
417- 2 Bed
- 1 Bath
- 740 sft
153 N Derenzy Rd, Central Lake, MI, 49622
$ 359,900
ROI
21.8Cash Flow/m
202- 3 Bed
- 4 Bath
- 2280 sft
4607 N M 88 Hwy, Central Lake, MI, 49622
Why Invest in Central Lake, Michigan?
Investing in Central Lake, MI offers a unique opportunity to tap into the growing Michigan real estate market. With an average ROI of around 7%, investors benefit from a rental yield near 6% and cap rates averaging 5%. Rental demand is supported by a renter-occupied rate of 38%, reflecting steady tenant interest. Properties here typically see consistent appreciation rates, making it a favorable market. Whether seeking residential or filtered investment options, Central Lake's market dynamics are promising.
7%
Avg. ROI
6%
Rental Yield
5%
Cap Rate
$500/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Central Lake is approximately 6%, making it attractive for investors seeking steady rental income.
Find Your Perfect Investment Property in Central Lake, Michigan
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