Under $300K Investment Properties for Sale in Houghton Lake Heights, MI
448- 2 Bed
- 1 Bath
- 700 sft
100- 3 Bed
- 2 Bath
- 1050 sft
128- 2 Bed
- 1 Bath
- 1081 sft
139- 3 Bed
- 2 Bath
- 1248 sft
137- 2 Bed
- 1 Bath
- 884 sft
92- 2 Bed
- 1 Bath
- 1045 sft
114- 4 Bed
- 2 Bath
- 825 sft
103- 2 Bed
- 1 Bath
- 924 sft
- 3 Bed
- 2 Bath
- 1600 sft
137- 2 Bed
- 1 Bath
- 666 sft
122- 3 Bed
- 1 Bath
- 1800 sft
144- 3 Bed
- 1 Bath
- 1344 sft
94- 3 Bed
- 1 Bath
- 1010 sft
109- - Bed
- - Bath
- - sft
131- 3 Bed
- 3 Bath
- 1023 sft
108- 2 Bed
- 1 Bath
- 720 sft
127- 6 Bed
- 2 Bath
- 2388 sft
- 2 Bed
- 2 Bath
- 930 sft
109- 3 Bed
- 2 Bath
- 1296 sft
143- 3 Bed
- 1 Bath
- 1000 sft
145- 2 Bed
- 1 Bath
- 720 sft
128- 3 Bed
- 1 Bath
- 1485 sft
141- 2 Bed
- 1 Bath
- 1080 sft
- 3 Bed
- 2 Bath
- 1244 sft
129- 2 Bed
- 1 Bath
- 1320 sft
140- 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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