Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Central Lake, MI
Rental Income
$ 175,000
ROI
29.8
Cash Flow/m
489- 2 Bed
- 2 Bath
- 1200 sft
7963 E State St, Central Lake, MI, 49622
$ 229,500
ROI
23.7Cash Flow/m
249- 3 Bed
- 2 Bath
- 1680 sft
8106 W State St, Central Lake, MI, 49622
$ 269,900
ROI
22.9Cash Flow/m
236- 2 Bed
- 1 Bath
- 1100 sft
4958 Rushton Rd, Central Lake, MI, 49622
Airbnb Potential
$ 110,000
ROI
51.8Cash Flow/m
981- 2 Bed
- 1 Bath
- 740 sft
153 N Derenzy Rd, 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
Explore investment opportunities by strategy, performance, or property type
