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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Lachine, MI
Listed for sale 2 days ago
$ 399,990
ROI
20.9
Cash Flow/m
127- 3 Bed
- 3 Bath
- 3063 sft
12395 Atkinson Rd, Lachine, MI, 49753
Listed for sale 4 days ago
$ 145,000
ROI
24.0Cash Flow/m
170- 2 Bed
- 1 Bath
- 1872 sft
11500 M 32 W, Lachine, MI, 49753
$ 335,000
ROI
23.1Cash Flow/m
316- 3 Bed
- 2 Bath
- 1484 sft
10845 Long Rapids Rd, Lachine, MI, 49753
$ 250,000
ROI
30.1Cash Flow/m
719- 3 Bed
- 2 Bath
- 1716 sft
8385 Elevere Rd, Lachine, MI, 49753
Why Invest in Lachine, Michigan?
Investing in real estate in Lachine, MI offers promising opportunities with an average ROI of 7.5% and solid rental yields around 6.8%. The local market exhibits a cap rate of 5.2%, making it attractive for investors especially those interested in single-family residential properties. Rental demand remains strong with renter occupancy close to 65%, and average rents near $1,100 per month. Appreciating at about 3.5% annually, Lachine is a stable market within Michigan’s growing economic landscape.
7.5%
Avg. ROI
6.8%
Rental Yield
5.2%
Cap Rate
$500/mo
Avg. Cash Flow
$1100/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Lachine, MI is approximately 6.8%, making it a competitive market for rental property investors.
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