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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High Rental Yield Investment Properties for Sale in Houghton Lake, MI
Listed for sale 1 day ago
$ 169,000
ROI
23.4
Cash Flow/m
171- 2 Bed
- 1 Bath
- 768 sft
459 McDonald Dr, Houghton Lake, MI, 48629
Motivated Seller
$ 345,900
ROI
23.3Cash Flow/m
343- 3 Bed
- 3 Bath
- 2158 sft
149 Oak Marr Dr, Houghton lake, MI, 48629
Listed for sale 2 days ago
$ 229,000
ROI
25.9Cash Flow/m
393- 3 Bed
- 2 Bath
- 1128 sft
2980 E Houghton Lake Dr, Houghton Lake, MI, 48629
$ 189,900
ROI
30.7Cash Flow/m
580- 3 Bed
- 2 Bath
- 1000 sft
120 Pinecrest Dr, Houghton lake, MI, 48629
Why Invest in Houghton Lake, Michigan?
Investing in high rental yield properties in Houghton Lake, MI offers strong cash flow potential driven by the area's growing rental demand and steady average rents. This market benefits from a solid cap rate around 8%, an average ROI near 7%, and consistent renter occupancy rates above 75%. The appreciation rate of approximately 3% further supports long-term value growth. For investors targeting high rental yield properties, Houghton Lake provides a balanced opportunity with measured risk.
7%
Avg. ROI
8%
Rental Yield
8%
Cap Rate
$850/mo
Avg. Cash Flow
$950/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield for properties in Houghton Lake is approximately 8%, making it attractive for investors seeking steady cash flow.
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