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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
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
$ 107,500
ROI
66.4Cash Flow/m
1395- 2 Bed
- 1 Bath
- 720 sft
2221 Grass Lake Ave #272, Lake, MI, 48632
or
Here are some other similar properties you might be interested in:Listed for sale 2 days ago
$ 100,000
ROI
24.3Cash Flow/m
128- 2 Bed
- 1 Bath
- - sft
1427 N Abbe Rd, Fairview, MI, 48621
Listed for sale 4 days ago
$ 100,000
ROI
23.2Cash Flow/m
96- 2 Bed
- 1 Bath
- 1045 sft
3022 Begole St, Flint, MI, 48504
Listed for sale 3 days ago
$ 100,000
ROI
23.9Cash Flow/m
115- 4 Bed
- 2 Bath
- 825 sft
14297 Wisconsin St, Detroit, MI, 48238
$ 100,000
ROI
23.4Cash Flow/m
103- 2 Bed
- 1 Bath
- 924 sft
991 Ogden Ave, Benton Harbor, MI, 49022
$ 100,000
ROI
1.8Gross Rent Yield
9.1- 3 Bed
- 2 Bath
- 1600 sft
11229 Shady Grove Ct, South Lyon, MI, 48178
$ 100,000
ROI
24.7Cash Flow/m
137- 2 Bed
- 1 Bath
- 666 sft
24357 Lauren Ave, Warren, MI, 48089
Fix & Flip
$ 100,000
ROI
24.1Cash Flow/m
122- 3 Bed
- 1 Bath
- 1800 sft
12961 Spruce St, Wolverine, MI, 49799
$ 100,000
ROI
24.9Cash Flow/m
144- 3 Bed
- 1 Bath
- 1344 sft
352 N Perry St, Pontiac, MI, 48342
$ 100,000
ROI
23.1Cash Flow/m
94- 3 Bed
- 1 Bath
- 1010 sft
364 W Greenwood Rd, Alger, MI, 48610
$ 100,000
ROI
23.7Cash Flow/m
109- - Bed
- - Bath
- - sft
12755 S Marina Village Dr #44, Traverse City, MI, 49684
$ 100,000
ROI
24.5Cash Flow/m
131- 3 Bed
- 3 Bath
- 1023 sft
18905 Woodland St, Harper Woods, MI, 48225
$ 100,000
ROI
23.6Cash Flow/m
108- 2 Bed
- 1 Bath
- 720 sft
714 E North St, Saint Charles, MI, 48655
Fix & Flip
$ 100,000
ROI
24.3Cash Flow/m
127- 6 Bed
- 2 Bath
- 2388 sft
402 N Huron St, Albion, MI, 49224
$ 100,000
ROI
(9.7)Gross Rent Yield
9.5- 2 Bed
- 2 Bath
- 930 sft
333 E Lakewood Blvd Lot 69, Holland, MI, 49424
Fix & Flip
$ 100,000
ROI
23.7Cash Flow/m
109- 3 Bed
- 2 Bath
- 1296 sft
516 Morrison Ave, Bangor, MI, 49013
$ 100,000
ROI
24.9Cash Flow/m
143- 3 Bed
- 1 Bath
- 1000 sft
4970 Center St, Fairgrove, MI, 48733
$ 100,000
ROI
25.0Cash Flow/m
145- 2 Bed
- 1 Bath
- 720 sft
240 25th St N, Springfield, MI, 49037
Fix & Flip
Rental Income
$ 100,000
ROI
24.3Cash Flow/m
128- 3 Bed
- 1 Bath
- 1485 sft
51 Beckwith Dr, Galesburg, MI, 49053
$ 100,000
ROI
24.8Cash Flow/m
141- 2 Bed
- 1 Bath
- 1080 sft
26396 Pennie St, Dearborn Heights, MI, 48125
$ 100,000
ROI
4.8Gross Rent Yield
9.3- 3 Bed
- 2 Bath
- 1244 sft
7298 Oak Brook Cir, Portage, MI, 49002
$ 100,000
ROI
24.4Cash Flow/m
129- 2 Bed
- 1 Bath
- 1320 sft
218 S Cherry St, Flushing, MI, 48433
$ 100,000
ROI
24.8Cash Flow/m
140- 2 Bed
- 1 Bath
- 804 sft
2720 Worden St, Norton Shores, MI, 49444
Currently Rented
Rental Income
$ 100,000
ROI
24.8Cash Flow/m
141- 3 Bed
- 1 Bath
- 1208 sft
2118 7th St, Muskegon Heights, MI, 49444
$ 100,000
ROI
23.0Cash Flow/m
91- 2 Bed
- 1 Bath
- 778 sft
22778 Tuscany Ave, Eastpointe, MI, 48021
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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