Under $300K Investment Properties for Sale in Houghton Lake Heights, MI
120- 3 Bed
- 2 Bath
- 1426 sft
136- 3 Bed
- 2 Bath
- 1592 sft
104- 3 Bed
- 1 Bath
- 1033 sft
111- 2 Bed
- 1 Bath
- 696 sft
95- 3 Bed
- 1 Bath
- 2100 sft
103- 4 Bed
- 2 Bath
- 1797 sft
135- 3 Bed
- 1 Bath
- 1110 sft
117- 2 Bed
- 1 Bath
- 1112 sft
105- 3 Bed
- 2 Bath
- 1232 sft
142- 3 Bed
- 2 Bath
- 1850 sft
131- 2 Bed
- 1 Bath
- 1143 sft
104- 2 Bed
- 1 Bath
- 924 sft
129- 2 Bed
- 2 Bath
- 1252 sft
138- 2 Bed
- 1 Bath
- 1020 sft
- 3 Bed
- 2 Bath
- 1275 sft
117- 2 Bed
- 1 Bath
- 960 sft
103- 2 Bed
- 1 Bath
- 704 sft
96- 2 Bed
- 1 Bath
- 672 sft
92- 1 Bed
- 1 Bath
- 700 sft
111- 2 Bed
- 1 Bath
- 937 sft
125- 3 Bed
- 2 Bath
- 1520 sft
133- 3 Bed
- 1 Bath
- 966 sft
133- 3 Bed
- 1 Bath
- 2120 sft
343- 5 Bed
- 3 Bath
- 1810 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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