Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High Rental Yield Investment Properties for Sale in Lake, MI
Fix & Flip
Airbnb Potential
Listed for sale 2 days ago
$ 135,000
ROI
23.0
Cash Flow/m
124- - Bed
- 1 Bath
- 384 sft
11339 Alpine Dr, Lake, MI, 48632
Rental Income
Listed for sale 4 days ago
$ 152,500
ROI
27.8Cash Flow/m
340- 2 Bed
- 1 Bath
- - sft
111 Woodland Walk, 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
$ 300,000
ROI
21.9Cash Flow/m
182- 3 Bed
- 2 Bath
- 1334 sft
491 East St, 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.
Find Your Perfect Investment Property in Lake, Michigan
Explore investment opportunities by strategy, performance, or property type
