Under $500K 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 Lachine, MI under $500k offers a unique opportunity to capitalize on affordable real estate in a growing Michigan locale. This market features an average ROI of 7.2% and a rental yield of 6.0%, providing solid income potential. With a cap rate around 5.5%, properties here maintain steady cash flows averaging $1,200 monthly. Appreciation rates near 3.0% indicate modest yet reliable growth. The renter-occupied rate is approximately 65%, pointing to a consistent tenant demand for investment properties under $500k.
7.2%
Avg. ROI
6%
Rental Yield
5.5%
Cap Rate
$1200/mo
Avg. Cash Flow
$1100/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average ROI for properties under $500k in Lachine is approximately 7.2%, making it a lucrative option for investors seeking steady income.
Find Your Perfect Investment Property in Lachine, Michigan
Explore investment opportunities by strategy, performance, or property type
