Investment Properties for Sale in Lachine, MI
$ 159,000
ROI
28.5
Cash Flow/m
388- 3 Bed
- 2 Bath
- 1450 sft
123 Lakeshore Dr, Lachine, MI, 49753
$ 169,900
ROI
28.3Cash Flow/m
402- 2 Bed
- 2 Bath
- 864 sft
12382 Carney Rd, Lachine, MI, 49753
$ 144,900
ROI
23.7Cash Flow/m
157- 2 Bed
- 1 Bath
- 1120 sft
7840 M 65 S, Lachine, MI, 49753
$ 130,000
ROI
24.9Cash Flow/m
187- 2 Bed
- 1 Bath
- 792 sft
5169 Truax 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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