High ROI Investment Properties for Sale in Lake City, MI
$ 349,900
ROI
21.6
Cash Flow/m
184- 4 Bed
- 2 Bath
- 1612 sft
9428 W Jennings Rd, Lake City, MI, 49651
Fix & Flip
$ 345,000
ROI
21.0Cash Flow/m
120- 5 Bed
- 3 Bath
- 2400 sft
290 N Turnerville Rd, Lake city, MI, 49651
Fix & Flip
$ 250,000
ROI
29.2Cash Flow/m
654- 2 Bed
- 2 Bath
- 1296 sft
2413 W Kelly Rd, Lake City, MI, 49651
$ 235,000
ROI
29.3Cash Flow/m
625- 3 Bed
- 2 Bath
- 1464 sft
8398 W Whispering Pines Cir, Lake city, MI, 49651
Why Invest in Lake City, Michigan?
Investing in high ROI properties in Lake City, MI offers excellent opportunities for cash flow-focused investors. The area showcases an average ROI of 8.5%, supported by strong rental yields around 7%. Cap rates remain attractive at approximately 6.5%, with steady property appreciation of 3% annually. The market benefits from a renter-occupied rate of 55%, ensuring consistent demand and reliable average cash flow of $450 per unit. These metrics highlight Lake City's potential for high-return real estate investments.
8.5%
Avg. ROI
7%
Rental Yield
6.5%
Cap Rate
$450/mo
Avg. Cash Flow
$950/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Lake City for high ROI properties is approximately 7%, making it a favorable market for income-focused investors.
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