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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
$ 379,900
ROI
21.5
Cash Flow/m
180- 3 Bed
- 3 Bath
- 2200 sft
129 Questview Dr, 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
Listed for sale 2 days ago
$ 134,900
ROI
24.5Cash Flow/m
176- 2 Bed
- 1 Bath
- 650 sft
127 Tin Pan Aly, Houghton Lake, MI, 48629
Airbnb Potential
$ 134,900
ROI
28.1Cash Flow/m
314- 2 Bed
- 1 Bath
- 924 sft
612 Michelson Rd, 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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