Condo Investment Properties for Sale in Lake, MI
$ 114,255
ROI
22.0
Cash Flow/m
71- 2 Bed
- 1 Bath
- 710 sft
2221 Grass Lake Ave #255, Lake, MI, 48632
$ 110,000
ROI
25.2Cash Flow/m
165- 1 Bed
- 1 Bath
- 660 sft
2221 Grass Lake Ave Lot 30, Lake, MI, 48632
or
Here are some other similar properties you might be interested in:
Listed for sale 1 day ago
$ 100,000
ROI
-Cash Flow/m
-- 3 Bed
- 2 Bath
- 1200 sft
6065 E Millbrook Rd, Shepherd, MI, 48883
Listed for sale 5 days ago
$ 100,000
ROI
24.4Cash Flow/m
129- 3 Bed
- 1 Bath
- 1210 sft
2504 N Smith St, Sanford, MI, 48657
Currently Rented
Rental Income
Section 8
$ 100,000
ROI
23.2Cash Flow/m
96- 3 Bed
- 1 Bath
- 1589 sft
16532 Lauder St, Detroit, MI, 48235
$ 100,000
ROI
23.4Cash Flow/m
102- 3 Bed
- 2 Bath
- 1008 sft
680 Eugene St, Ypsilanti, MI, 48198
Fix & Flip
$ 100,000
ROI
24.0Cash Flow/m
119- 2 Bed
- 1 Bath
- 1336 sft
23786 Cushing Ave, Eastpointe, MI, 48021
Fix & Flip
Motivated Seller
$ 100,000
ROI
24.3Cash Flow/m
127- 3 Bed
- 1 Bath
- 860 sft
4409 Gertrude St, Dearborn Heights, MI, 48125
$ 100,000
ROI
24.3Cash Flow/m
128- 3 Bed
- 1 Bath
- 1043 sft
508 S Kiesel St, Bay City, MI, 48706
Fix & Flip
$ 100,000
ROI
24.2Cash Flow/m
125- 2 Bed
- 1 Bath
- 1100 sft
3185 Delaney St, Flint, MI, 48506
$ 100,000
ROI
23.5Cash Flow/m
104- 2 Bed
- 2 Bath
- 1064 sft
50197 Wedgewood Ct N #644, Utica, MI, 48315
$ 100,000
ROI
17.0Gross Rent Yield
9.1- 2 Bed
- 1 Bath
- 882 sft
12672 Elaine Dr, Southgate, MI, 48195
$ 100,000
ROI
-Cash Flow/m
-- 1 Bed
- 1 Bath
- 384 sft
33048 W North Rd, Eckerman, MI, 49728
$ 100,000
ROI
24.8Cash Flow/m
140- 3 Bed
- 2 Bath
- 1344 sft
5486 Spring Creek Dr, Howell, MI, 48843
$ 100,000
ROI
24.0Cash Flow/m
117- 4 Bed
- 2 Bath
- 1188 sft
3204 Weigl Rd, Saginaw, MI, 48609
$ 100,000
ROI
24.3Cash Flow/m
127- 2 Bed
- 1 Bath
- 1129 sft
317 Woodworth St, Corunna, MI, 48817
Airbnb Potential
$ 100,000
ROI
24.0Cash Flow/m
117- 3 Bed
- 1 Bath
- 1270 sft
321 Ely St, Alma, MI, 48801
Fix & Flip
Motivated Seller
$ 100,000
ROI
23.4Cash Flow/m
102- 3 Bed
- 1 Bath
- - sft
810 Snedeker Rd, Webberville, MI, 48892
Fix & Flip
$ 100,000
ROI
23.5Cash Flow/m
104- 3 Bed
- 1 Bath
- 960 sft
2671 Fish Lake Rd, Lapeer, MI, 48446
$ 100,000
ROI
8.9Gross Rent Yield
9.4- 3 Bed
- 2 Bath
- 1248 sft
1637 Candytuft Ct, Albion, MI, 49224
$ 100,000
ROI
9.5Gross Rent Yield
9.1- 1 Bed
- 1 Bath
- 707 sft
3001 Williamsburg Dr, Ann Arbor, MI, 48108
$ 100,000
ROI
23.1Cash Flow/m
94- 2 Bed
- 2 Bath
- 896 sft
18481 Twelve Mile Rd, Big Rapids, MI, 49307
$ 100,000
ROI
24.0Cash Flow/m
118- 3 Bed
- 2 Bath
- 1360 sft
69669 Gumwood Rd, Niles, MI, 49120
Currently Rented
$ 100,000
ROI
23.3Cash Flow/m
99- 2 Bed
- 1 Bath
- 804 sft
611 Beach St, Mount Morris, MI, 48458
$ 100,000
ROI
23.8Cash Flow/m
112- 2 Bed
- 1 Bath
- 780 sft
408 W Wheaton Ave, Clare, MI, 48617
$ 100,000
ROI
24.2Cash Flow/m
124- 2 Bed
- 1 Bath
- 660 sft
324 W Hudson Ave, Madison Heights, MI, 48071
Why Invest in Lake, Michigan?
Investing in condos in Lake, MI offers a unique opportunity to capitalize on the growing demand for waterfront and vacation properties. With solid average rental yields and a stable cap rate, condo investments provide attractive cash flow. Appreciation rates remain steady, reflecting the area's desirability and improving infrastructure. Rental occupancy rates are strong, supporting consistent income streams. This makes Lake, MI condos a compelling choice for real estate investors looking for diversification.
7%
Avg. ROI
6%
Rental Yield
5%
Cap Rate
$1200/mo
Avg. Cash Flow
$1500/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average ROI for condos in Lake, MI is approximately 7%, reflecting stable rental demand and property appreciation.
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