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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Lake Isabella, MI
Listed for sale 1 day ago
$ 114,999
ROI
23.6
Cash Flow/m
125- 3 Bed
- 3 Bath
- 975 sft
1048 Cordoba, Lake Isabella, MI, 48893
$ 129,900
ROI
22.6Cash Flow/m
102- 3 Bed
- 2 Bath
- 1144 sft
2002 Sequoia Ct, Lake Isabella, MI, 48893
$ 262,000
ROI
28.3Cash Flow/m
619- 3 Bed
- 2 Bath
- 1954 sft
1006 Clubhouse Dr, Lake Isabella, MI, 48893
$ 185,000
ROI
29.1Cash Flow/m
483- 3 Bed
- 2 Bath
- 1173 sft
1207 Queensway Dr, Lake Isabella, MI, 48893
Why Invest in Lake Isabella, Michigan?
Investing in Lake Isabella, MI properties under $300k offers affordable entry into a stable market with good rental yields. The area sees an average ROI of 7.5%, with rental yields around 8%, and a cap rate close to 6%. Investors benefit from a steady average cash flow and appreciation rate of 3.5%, supported by a 60% renter-occupied housing base. This creates opportunities for sustained income and moderate growth, ideal for seasoned and new investors alike.
7.5%
Avg. ROI
8%
Rental Yield
6%
Cap Rate
$550/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
Properties under $300k in Lake Isabella include single-family homes, smaller multi-family units, and some condos. These offer affordable options for investors seeking steady rental incomes.
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