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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Fix And Flip Investment Properties for Sale in Houghton Lake, MI
Fix & Flip
$ 119,900
ROI
24.3
Cash Flow/m
151- 2 Bed
- 1 Bath
- 798 sft
3108 S Loxley Rd, Houghton Lake, MI, 48629
Fix & Flip
Motivated Seller
$ 129,900
ROI
24.3Cash Flow/m
162- 3 Bed
- 2 Bath
- 1560 sft
315 Nicholas Dr, Houghton Lake, MI, 48629
Fix & Flip
$ 162,500
ROI
38.8Cash Flow/m
863- 3 Bed
- 2 Bath
- 1500 sft
4846 S Townline Rd, Houghton Lake, MI, 48629
Fix & Flip
Motivated Seller
$ 165,000
ROI
29.5Cash Flow/m
449- 3 Bed
- 1 Bath
- 2082 sft
234 Radcliff 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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