Fix And Flip Investment Properties for Sale in Houghton Lake, MI
Fix & Flip
$ 159,000
ROI
29.3
Cash Flow/m
423- 2 Bed
- 1 Bath
- 728 sft
124 Mary Rd, Houghton Lake, MI, 48629
Fix & Flip
$ 190,000
ROI
27.7Cash Flow/m
421- 3 Bed
- 1 Bath
- 1420 sft
1083 Keweenaw Trl, Houghton lake, MI, 48629
Fix & Flip
$ 164,900
ROI
23.6Cash Flow/m
177- 3 Bed
- 2 Bath
- 1536 sft
303 Radcliff Dr, Houghton Lake, MI, 48629
Fix & Flip
$ 249,900
ROI
25.0Cash Flow/m
363- - Bed
- 2 Bath
- 960 sft
5752 W Houghton Lake Dr, Houghton Lake, MI, 48629
Why Invest in Houghton Lake, Michigan?
Fix and flip investments in Houghton Lake, MI offer promising opportunities for real estate investors. With a growing rental yield and a reasonable average cash flow, investors can benefit from market appreciation averaging 3%. The average return on investment (ROI) stands around 8%, supported by a cap rate of roughly 6%. The renter-occupied rate is healthy, signaling consistent demand. This makes Houghton Lake an attractive locale to target fixer-uppers and capitalize on value-add opportunities.
8%
Avg. ROI
7%
Rental Yield
6%
Cap Rate
$450/mo
Avg. Cash Flow
$950/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average return on investment for fix and flip properties in Houghton Lake is approximately 8%, making it an attractive location for seasoned and new investors alike.
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