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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High Rental Yield Investment Properties for Sale in Central Lake, MI

Listed for sale 4 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 6 days ago
$ 220,000
ROI
30.4
Cash Flow/m
651- 3 Bed
- 2 Bath
- 1920 sft
10420 Maple View Dr, Central Lake, MI, 49622

$ 174,900
ROI
28.3
Cash Flow/m
417- 2 Bed
- 1 Bath
- 740 sft
153 N Derenzy Rd, Central Lake, MI, 49622

$ 359,900
ROI
21.8
Cash 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 high rental yield properties in Central Lake, MI offers attractive returns for real estate investors seeking steady cash flow. This market is characterized by an average rental yield of 10%, with cap rates around 8%, outperforming many other Michigan locales. Robust renter occupancy at 92% and steady property appreciation near 3% make Central Lake a promising location. Filtered by high rental yield properties, investors can expect an average ROI of 9%, supporting long-term wealth building.
9%
Avg. ROI
10%
Rental Yield
8%
Cap Rate
$550/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Central Lake is approximately 10%, offering a strong return for investors seeking high cash flow properties.
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