Investment Properties for Sale in Houghton Lake Heights, MI

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Property at 16814 Lilac St, Detroit, MI
$ 79,900
ROI
70.5ROI percentage
Cash Flow/m
Dollar sign1128
  • 3 Bed
  • 1 Bath
  • 1238 sft
16814 Lilac St, Detroit, MI, 48221
Property at 319 Bellant St, Cheboygan, MI
Listed for sale 2 days ago
$ 100,000
ROI
24.9ROI percentage
Cash Flow/m
Dollar sign142
  • 4 Bed
  • 1 Bath
  • 1340 sft
319 Bellant St, Cheboygan, MI, 49721
Property at 28 Centennial St, Sparta, MI
Fix & Flip
Listed for sale 4 days ago
$ 100,000
ROI
23.9ROI percentage
Cash Flow/m
Dollar sign115
  • 4 Bed
  • 3 Bath
  • 2149 sft
28 Centennial St, Sparta, MI, 49345
Property at 6065 E Millbrook Rd, Shepherd, MI
$ 100,000
ROI
-ROI percentage
Cash Flow/m
Dollar sign-
  • 3 Bed
  • 2 Bath
  • 1200 sft
6065 E Millbrook Rd, Shepherd, MI, 48883
Property at 2504 N Smith St, Sanford, MI
$ 100,000
ROI
24.4ROI percentage
Cash Flow/m
Dollar sign129
  • 3 Bed
  • 1 Bath
  • 1210 sft
2504 N Smith St, Sanford, MI, 48657
Property at 680 Eugene St, Ypsilanti, MI
$ 100,000
ROI
23.4ROI percentage
Cash Flow/m
Dollar sign102
  • 3 Bed
  • 2 Bath
  • 1008 sft
680 Eugene St, Ypsilanti, MI, 48198
Property at 23786 Cushing Ave, Eastpointe, MI
Fix & Flip
$ 100,000
ROI
24.0ROI percentage
Cash Flow/m
Dollar sign119
  • 2 Bed
  • 1 Bath
  • 1336 sft
23786 Cushing Ave, Eastpointe, MI, 48021
Property at 4409 Gertrude St, Dearborn Heights, MI
Fix & Flip
Motivated Seller
$ 100,000
ROI
24.3ROI percentage
Cash Flow/m
Dollar sign127
  • 3 Bed
  • 1 Bath
  • 860 sft
4409 Gertrude St, Dearborn Heights, MI, 48125
Property at 508 S Kiesel St, Bay City, MI
$ 100,000
ROI
24.3ROI percentage
Cash Flow/m
Dollar sign128
  • 3 Bed
  • 1 Bath
  • 1043 sft
508 S Kiesel St, Bay City, MI, 48706
Property at 3185 Delaney St, Flint, MI
Fix & Flip
$ 100,000
ROI
24.2ROI percentage
Cash Flow/m
Dollar sign125
  • 2 Bed
  • 1 Bath
  • 1100 sft
3185 Delaney St, Flint, MI, 48506
Property at 50197 Wedgewood Ct N #644, Utica, MI
$ 100,000
ROI
23.5ROI percentage
Cash Flow/m
Dollar sign104
  • 2 Bed
  • 2 Bath
  • 1064 sft
50197 Wedgewood Ct N #644, Utica, MI, 48315
Property at 12672 Elaine Dr, Southgate, MI
$ 100,000
ROI
17.0ROI percentage
Gross Rent Yield
9.1Gross yield percentage
  • 2 Bed
  • 1 Bath
  • 882 sft
12672 Elaine Dr, Southgate, MI, 48195
Property at 33048 W North Rd, Eckerman, MI
$ 100,000
ROI
-ROI percentage
Cash Flow/m
Dollar sign-
  • 1 Bed
  • 1 Bath
  • 384 sft
33048 W North Rd, Eckerman, MI, 49728
Property at 5486 Spring Creek Dr, Howell, MI
$ 100,000
ROI
24.8ROI percentage
Cash Flow/m
Dollar sign140
  • 3 Bed
  • 2 Bath
  • 1344 sft
5486 Spring Creek Dr, Howell, MI, 48843
Property at 3204 Weigl Rd, Saginaw, MI
$ 100,000
ROI
24.0ROI percentage
Cash Flow/m
Dollar sign117
  • 4 Bed
  • 2 Bath
  • 1188 sft
3204 Weigl Rd, Saginaw, MI, 48609
Property at 317 Woodworth St, Corunna, MI
$ 100,000
ROI
24.3ROI percentage
Cash Flow/m
Dollar sign127
  • 2 Bed
  • 1 Bath
  • 1129 sft
317 Woodworth St, Corunna, MI, 48817
Property at 321 Ely St, Alma, MI
Airbnb Potential
$ 100,000
ROI
24.0ROI percentage
Cash Flow/m
Dollar sign117
  • 3 Bed
  • 1 Bath
  • 1270 sft
321 Ely St, Alma, MI, 48801
Property at 810 Snedeker Rd, Webberville, MI
Fix & Flip
Motivated Seller
$ 100,000
ROI
23.4ROI percentage
Cash Flow/m
Dollar sign102
  • 3 Bed
  • 1 Bath
  • - sft
810 Snedeker Rd, Webberville, MI, 48892
Property at 2671 Fish Lake Rd, Lapeer, MI
Fix & Flip
$ 100,000
ROI
23.5ROI percentage
Cash Flow/m
Dollar sign104
  • 3 Bed
  • 1 Bath
  • 960 sft
2671 Fish Lake Rd, Lapeer, MI, 48446
Property at 1637 Candytuft Ct, Albion, MI
$ 100,000
ROI
8.9ROI percentage
Gross Rent Yield
9.4Gross yield percentage
  • 3 Bed
  • 2 Bath
  • 1248 sft
1637 Candytuft Ct, Albion, MI, 49224
Property at 3001 Williamsburg Dr, Ann Arbor, MI
$ 100,000
ROI
9.5ROI percentage
Gross Rent Yield
9.1Gross yield percentage
  • 1 Bed
  • 1 Bath
  • 707 sft
3001 Williamsburg Dr, Ann Arbor, MI, 48108
Property at 18481 Twelve Mile Rd, Big Rapids, MI
$ 100,000
ROI
23.1ROI percentage
Cash Flow/m
Dollar sign94
  • 2 Bed
  • 2 Bath
  • 896 sft
18481 Twelve Mile Rd, Big Rapids, MI, 49307
Property at 69669 Gumwood Rd, Niles, MI
$ 100,000
ROI
24.0ROI percentage
Cash Flow/m
Dollar sign118
  • 3 Bed
  • 2 Bath
  • 1360 sft
69669 Gumwood Rd, Niles, MI, 49120
Property at 611 Beach St, Mount Morris, MI
Currently Rented
$ 100,000
ROI
23.3ROI percentage
Cash Flow/m
Dollar sign99
  • 2 Bed
  • 1 Bath
  • 804 sft
611 Beach St, Mount Morris, MI, 48458

Why Invest in Houghton Lake Heights, Michigan?

Houghton Lake Heights, MI, offers a promising investment climate with steady rental yields and attractive cash flow, making it an ideal choice for residential real estate investors. This location has shown a moderate appreciation rate driven by a stable income trend and a renter-occupied rate indicative of a solid rental market. Investors will find cap rates around typical regional averages, ensuring balanced risk and return profiles. The availability of affordable properties amplifies cash flow potential, supported by a local economy with consistent employment growth. For those targeting multifamily or residential investments, Houghton Lake Heights provides a compelling opportunity within Michigan's northern housing market.

7.1%
Avg. ROI
6%
Rental Yield
6.5%
Cap Rate
$350/mo
Avg. Cash Flow
$850/mo
Avg. Rent
2.2%
1Y Appreciation

Frequently Asked Questions

The average rental yield in Houghton Lake Heights is approximately 6%, making it a viable market for rental property investment.

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