High ROI 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 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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