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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
$ 235,000
ROI
24.6
Cash Flow/m
320- - Bed
- 1 Bath
- 1586 sft
2134 S Main St, Central Lake, MI, 49622
$ 292,000
ROI
20.3Cash Flow/m
44- 2 Bed
- 2 Bath
- 1359 sft
6046 N M 88 Hwy, Central Lake, MI, 49622
Fix & Flip
$ 325,000
ROI
21.0Cash Flow/m
112- 2 Bed
- 2 Bath
- 1440 sft
4839 Bunker Hill Rd, Central Lake, MI, 49622
$ 299,900
ROI
22.1Cash Flow/m
192- 3 Bed
- 1 Bath
- 2240 sft
2528 Muckle 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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