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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Single Family 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 single-family homes in Central Lake, MI offers unique opportunities for steady cash flow amid a growing rental market. With an average rental yield of 7% and stable cap rates around 6%, properties here attract investors seeking balanced risk and return. The area's average ROI of 8% aligns well with appreciation rates of approximately 3% annually. Growing renter-occupied units highlight increasing demand, making this segment promising for long-term wealth building.
8%
Avg. ROI
7%
Rental Yield
6%
Cap Rate
$850/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield is approximately 7%, making single-family homes a solid option for rental income investors in Central Lake.
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