Under $300K Investment Properties for Sale in Houghton Lake Heights, MI
1128- 3 Bed
- 1 Bath
- 1238 sft
142- 4 Bed
- 1 Bath
- 1340 sft
115- 4 Bed
- 3 Bath
- 2149 sft
-- 3 Bed
- 2 Bath
- 1200 sft
129- 3 Bed
- 1 Bath
- 1210 sft
102- 3 Bed
- 2 Bath
- 1008 sft
119- 2 Bed
- 1 Bath
- 1336 sft
127- 3 Bed
- 1 Bath
- 860 sft
128- 3 Bed
- 1 Bath
- 1043 sft
125- 2 Bed
- 1 Bath
- 1100 sft
104- 2 Bed
- 2 Bath
- 1064 sft
- 2 Bed
- 1 Bath
- 882 sft
-- 1 Bed
- 1 Bath
- 384 sft
140- 3 Bed
- 2 Bath
- 1344 sft
117- 4 Bed
- 2 Bath
- 1188 sft
127- 2 Bed
- 1 Bath
- 1129 sft
117- 3 Bed
- 1 Bath
- 1270 sft
102- 3 Bed
- 1 Bath
- - sft
104- 3 Bed
- 1 Bath
- 960 sft
- 3 Bed
- 2 Bath
- 1248 sft
- 1 Bed
- 1 Bath
- 707 sft
94- 2 Bed
- 2 Bath
- 896 sft
118- 3 Bed
- 2 Bath
- 1360 sft
99- 2 Bed
- 1 Bath
- 804 sft
Why Invest in Houghton Lake Heights, Michigan?
Investing in Houghton Lake Heights, MI under $300k offers a unique opportunity to tap into a growing market with affordable entry points. The area shows an average ROI of 8%, rental yields near 7%, and cap rates around 6%, providing solid investment metrics. With average monthly rents approximately $900 and a steady appreciation rate of 2.5%, investors can expect consistent cash flow. The renter-occupied rate is healthy at 55%, indicating demand for rental properties in the region.
Frequently Asked Questions
Properties under $300k in Houghton Lake Heights typically include single-family homes and small multi-family units. These are ideal for investors seeking affordable entry points in the local market.
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