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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High ROI Investment Properties for Sale in Lake City, MI

Motivated Seller
Listed for sale 2 days ago
$ 225,000
ROI
20.2
Cash Flow/m
27- 4 Bed
- 3 Bath
- 3035 sft
301 N Main St, Lake City, MI, 49651

Fix & Flip
$ 345,000
ROI
21.0
Cash Flow/m
120- 5 Bed
- 3 Bath
- 2400 sft
290 N Turnerville Rd, Lake city, MI, 49651

Listed for sale 4 days ago
$ 249,900
ROI
22.6
Cash Flow/m
201- 3 Bed
- 1 Bath
- 1400 sft
1407 S Lachance Rd, Lake City, MI, 49651

$ 344,900
ROI
38.5
Cash Flow/m
1795- 3 Bed
- 3 Bath
- 2612 sft
10944 W Kelly Rd, 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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