High Rental Yield Investment Properties for Sale in Central Lake, MI
$ 159,000
ROI
24.8
Cash Flow/m
222- 3 Bed
- 1 Bath
- 1124 sft
2927 N Main St, Central Lake, MI, 49622
$ 219,000
ROI
20.6Cash Flow/m
54- 3 Bed
- 1 Bath
- 1400 sft
2032 Devlin Rd, Central Lake, MI, 49622
$ 279,900
ROI
26.8Cash Flow/m
545- 3 Bed
- 2 Bath
- 891 sft
1627 W Intermediate Lake Dr, Central Lake, MI, 49622
$ 247,900
ROI
20.3Cash Flow/m
36- 2 Bed
- 1 Bath
- 1060 sft
2183 Howard St, 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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