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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High ROI Investment Properties for Sale in Central Lake, MI
Airbnb Potential
$ 315,000
ROI
26.4
Cash Flow/m
582- 3 Bed
- 3 Bath
- 1650 sft
2602 Elm St, Central Lake, MI, 49622
$ 679,000
ROI
20.7Cash Flow/m
120- 5 Bed
- 3 Bath
- 2392 sft
5815 Farrell Rd, Central Lake, MI, 49622
$ 235,000
ROI
24.6Cash 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
Why Invest in Central Lake, Michigan?
Investing in high ROI properties in Central Lake, MI offers lucrative opportunities with an average ROI of 8.5%. The area boasts strong rental yields around 6%, supported by a high renter occupancy rate of 75%. Cap rates average near 7%, providing solid cash flow potential. Appreciation rates remain steady at about 3%, making this an attractive market for investors seeking stable income and growth.
8.5%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$850/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
Typical ROI for high ROI properties in Central Lake is approximately 8.5%, driven by strong rental yields and steady property appreciation.
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