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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Fix And Flip Investment Properties for Sale in Lake, MI
Fix & Flip
$ 109,000
ROI
24.6
Cash Flow/m
146- 3 Bed
- 1 Bath
- 1248 sft
405 Maple St, Lake, MI, 48632
Fix & Flip
Airbnb Potential
$ 135,000
ROI
24.2Cash Flow/m
166- - Bed
- 1 Bath
- 384 sft
11339 Alpine Dr, Lake, MI, 48632
Fix & Flip
$ 265,000
ROI
25.4Cash Flow/m
412- 1 Bed
- 2 Bath
- 1008 sft
11091 W Eight Point Lake Rd, Lake, MI, 48632
or
Here are some other similar properties you might be interested in:
Listed for sale 2 days ago
$ 100,000
ROI
24.5Cash Flow/m
133- 3 Bed
- 1 Bath
- 1110 sft
24540 Wagner Ave, Warren, MI, 48089
Fix & Flip
Listed for sale 2 days ago
$ 100,000
ROI
23.4Cash Flow/m
101- 5 Bed
- 3 Bath
- 2061 sft
1233 Concord St, Detroit, MI, 48207
Fix & Flip
Listed for sale 5 days ago
$ 100,000
ROI
24.0Cash Flow/m
117- 2 Bed
- 1 Bath
- 1112 sft
2375 Tamarack St, Lake Odessa, MI, 48849
Listed for sale 5 days ago
$ 100,000
ROI
23.5Cash Flow/m
105- 3 Bed
- 2 Bath
- 1232 sft
19039 Deering St, Livonia, MI, 48152
Airbnb Potential
Listed for sale 5 days ago
$ 100,000
ROI
24.9Cash Flow/m
142- 3 Bed
- 2 Bath
- 1850 sft
380 Hemlock St, Republic, MI, 49879
Fix & Flip
$ 100,000
ROI
24.5Cash Flow/m
131- 2 Bed
- 1 Bath
- 1143 sft
164 Deming Rd, Shelby, MI, 49455
Fix & Flip
$ 100,000
ROI
23.5Cash Flow/m
104- 2 Bed
- 1 Bath
- 924 sft
5175 Mancelona Rd, Mancelona, MI, 49659
$ 100,000
ROI
24.4Cash Flow/m
129- 2 Bed
- 2 Bath
- 1252 sft
450 Minerva St, Eaton Rapids, MI, 48827
$ 100,000
ROI
24.7Cash Flow/m
138- 2 Bed
- 1 Bath
- 1020 sft
26809 Dartmouth St, Inkster, MI, 48141
$ 100,000
ROI
(3.1)Gross Rent Yield
9.6- 3 Bed
- 2 Bath
- 1275 sft
13813 Shamrock Ln NE, Cedar Springs, MI, 49319
$ 100,000
ROI
24.0Cash Flow/m
117- 2 Bed
- 1 Bath
- 960 sft
1709 S Pennsylvania Ave, Lansing, MI, 48910
Airbnb Potential
$ 100,000
ROI
23.4Cash Flow/m
103- 2 Bed
- 1 Bath
- 704 sft
121 Sandpiper Ave, Houghton Lake, MI, 48629
$ 100,000
ROI
23.2Cash Flow/m
96- 2 Bed
- 1 Bath
- 672 sft
111 E 6th St, Pinconning, MI, 48650
$ 100,000
ROI
23.0Cash Flow/m
92- 1 Bed
- 1 Bath
- 700 sft
1201 W Moore Rd, Grant, MI, 49327
$ 100,000
ROI
23.7Cash Flow/m
111- 2 Bed
- 1 Bath
- 937 sft
2988 Sharp Rd, Adrian, MI, 49221
$ 100,000
ROI
24.2Cash Flow/m
125- 3 Bed
- 2 Bath
- 1520 sft
8890 Zion Rd, Rives Junction, MI, 49277
Fix & Flip
$ 100,000
ROI
24.5Cash Flow/m
133- 3 Bed
- 1 Bath
- 966 sft
15 4th St, Plainwell, MI, 49080
$ 100,000
ROI
24.5Cash Flow/m
133- 3 Bed
- 1 Bath
- 2120 sft
440 Mill St, Constantine, MI, 49042
Fix & Flip
$ 100,000
ROI
32.1Cash Flow/m
343- 5 Bed
- 3 Bath
- 1810 sft
124 W Pine St, Cadillac, MI, 49601
$ 100,000
ROI
24.3Cash Flow/m
128- 3 Bed
- 2 Bath
- 1600 sft
157 Harrison St, Manistee, MI, 49660
Motivated Seller
$ 100,000
ROI
24.6Cash Flow/m
135- 3 Bed
- 1 Bath
- 1048 sft
519 W Main St, Hartford, MI, 49057
$ 100,000
ROI
24.2Cash Flow/m
125- 1 Bed
- 1 Bath
- 600 sft
8312 W Burdock Ave, Baldwin, MI, 49304
Fix & Flip
$ 100,000
ROI
24.2Cash Flow/m
124- 2 Bed
- 1 Bath
- 887 sft
2638 S Five Mile Rd, Midland, MI, 48640
Fix & Flip
$ 100,000
ROI
24.6Cash Flow/m
135- 2 Bed
- 1 Bath
- 960 sft
3160 Valley View Dr, Afton, MI, 49705
Why Invest in Lake, Michigan?
Investing in fix-and-flip properties in Lake, MI offers opportunities in a market with a solid average ROI of 12.5%. The area's rental yield stands at 6.0%, reflecting steady demand despite a competitive cap rate of 8.2%. Properties typically generate an average cash flow of $1,200 per month, with average rents around $1,100. Appreciation is modest at 3.5%, and renter occupancy remains high at 70%, making it a strategic choice for investors.
12.5%
Avg. ROI
6%
Rental Yield
8.2%
Cap Rate
$1200/mo
Avg. Cash Flow
$1100/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
The average ROI for fix-and-flip investments in Lake, MI is approximately 12.5%, reflecting robust returns for investors in this market.
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