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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
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 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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