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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High Rental Yield Investment Properties for Sale in Lake, MI
Listed for sale 2 days ago
$ 139,900
ROI
24.4
Cash Flow/m
179- 2 Bed
- 2 Bath
- 1008 sft
3140 Lake Of The Pines Dr, Lake, MI, 48632
Listed for sale 6 days ago
$ 220,000
ROI
22.5Cash Flow/m
167- 2 Bed
- 2 Bath
- 1040 sft
3270 Lake Of The Pines Dr, Lake, MI, 48632
$ 115,000
ROI
24.6Cash Flow/m
157- 1 Bed
- 1 Bath
- 914 sft
407 Hunter Dr, Lake, MI, 48632
$ 189,000
ROI
28.3Cash Flow/m
448- 3 Bed
- 2 Bath
- 1280 sft
10419 Hunters Trl, Lake, MI, 48632
Why Invest in Lake, Michigan?
Investing in high rental yield properties in Lake, MI offers a robust opportunity for steady cash flow and capital appreciation. The local market features an average rental yield of 8.5%, with competitive cap rates around 6.5%. Investors can expect an average ROI of 9%, supported by strong renter occupancy rates near 92%. The area's economic stability and growing population contribute to consistent rent growth and opportunities for long-term investment success.
9%
Avg. ROI
8.5%
Rental Yield
6.5%
Cap Rate
$800/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3.2%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Lake, MI is approximately 8.5%, making it an attractive location for rental property investors.
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