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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
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 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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