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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
Listed for sale 5 days ago
$ 220,000
ROI
30.4
Cash Flow/m
651- 3 Bed
- 2 Bath
- 1920 sft
10420 Maple View Dr, Central Lake, MI, 49622
$ 359,900
ROI
21.8Cash Flow/m
202- 3 Bed
- 4 Bath
- 2280 sft
4607 N M 88 Hwy, Central Lake, MI, 49622
$ 149,000
ROI
23.9Cash Flow/m
169- 2 Bed
- 1 Bath
- 851 sft
2037 S Main St, Central Lake, MI, 49622
$ 399,000
ROI
31.9Cash Flow/m
1349- 4 Bed
- 3 Bath
- 2201 sft
10460 Camp 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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