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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Single Family Investment Properties for Sale in Interlochen, MI
Listed for sale 5 days ago
$ 364,000
ROI
23.2
Cash Flow/m
345- 4 Bed
- 2 Bath
- 1101 sft
2940 Artist Ave, Interlochen, MI, 49643
Listed for sale 7 days ago
$ 314,500
ROI
22.9Cash Flow/m
273- 2 Bed
- 2 Bath
- 864 sft
880 Cedar Trl, Interlochen, MI, 49643
$ 275,000
ROI
22.2Cash Flow/m
186- 2 Bed
- 1 Bath
- 864 sft
1386 S South Long Lake Rd, Interlochen, MI, 49643
$ 274,900
ROI
25.9Cash Flow/m
467- 3 Bed
- 1 Bath
- 1222 sft
8903 Vagabond Ln, Interlochen, MI, 49643
Why Invest in Interlochen, Michigan?
Investing in single-family homes in Interlochen, MI offers a unique opportunity to capitalize on a stable local market with steady rental demand. The area's average ROI is competitive, with rental yields around 7%, supported by a growing renter-occupied population of 45%. Cap rates remain attractive at approximately 6%, providing solid cash flow potential. Appreciation rates have shown moderate growth, making Interlochen a promising location for long-term real estate investment.
8%
Avg. ROI
7%
Rental Yield
6%
Cap Rate
$500/mo
Avg. Cash Flow
$1100/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield for single-family homes in Interlochen, MI is approximately 7%, reflecting a healthy rental market in the area.
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