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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Lake Isabella, MI
$ 399,900
ROI
22.1
Cash Flow/m
257- 4 Bed
- 3 Bath
- 2780 sft
1106 Bundy Dr, Lake Isabella, MI, 48893
$ 177,500
ROI
22.1Cash Flow/m
116- 3 Bed
- 2 Bath
- 1064 sft
1022 Duquesa Dr, Lake Isabella, MI, 48893
Rental Income
$ 169,000
ROI
23.2Cash Flow/m
161- 3 Bed
- 2 Bath
- 1600 sft
1032 Birdie Dr, Lake Isabella, MI, 48893
$ 265,000
ROI
22.5Cash Flow/m
202- 2 Bed
- 2 Bath
- 1289 sft
1020 Essex Dr, Lake Isabella, MI, 48893
Why Invest in Lake Isabella, Michigan?
Investing in Lake Isabella, MI properties under $500K provides an attractive entry point for real estate investors seeking steady rental income and growth potential. This area shows an average ROI of 7% and a cap rate of 6%, driven by growing rental demand and affordable prices. Rental yields stand at 8%, supporting positive cash flow for investors. Appreciation rates are moderate at around 3% annually, underpinned by steady local economic expansion and migration trends.
7%
Avg. ROI
8%
Rental Yield
6%
Cap Rate
$800/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
Most properties under $500K in Lake Isabella are single-family homes and small multi-family units, suitable for first-time investors or those looking for manageable rental properties.
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