Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Lake, MI
Listed for sale 2 days ago
$ 129,900
ROI
23.5
Cash Flow/m
136- 1 Bed
- 1 Bath
- 384 sft
5775 S Bringold Ave, Lake, MI, 48632
Listed for sale 3 days ago
$ 185,000
ROI
31.5Cash Flow/m
605- 3 Bed
- 2 Bath
- 1080 sft
5911 Jackson Ave, Lake, MI, 48632
Listed for sale 3 days ago
$ 155,000
ROI
23.9Cash Flow/m
179- 2 Bed
- 1 Bath
- 1000 sft
7611 Stephen Ct, Lake, MI, 48632
$ 129,900
ROI
24.8Cash Flow/m
181- 3 Bed
- 1 Bath
- 832 sft
917 Oak Dr, Lake, MI, 48632
Why Invest in Lake, Michigan?
Investing in Lake, MI properties under $300k offers an accessible entry point into Michigan's growing real estate market. With an average ROI of 7%, investors benefit from solid rental yields averaging 6.5% and cap rates near 5%. The area sees steady appreciation rates around 3%, driven by increasing renter occupancy of 65%. This affordable investment category is ideal for those seeking reliable cash flow in a stable environment.
7%
Avg. ROI
6.5%
Rental Yield
5%
Cap Rate
$850/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield for properties under $300k in Lake, MI is approximately 6.5%, offering solid returns for investors focused on affordable rental investments.
Find Your Perfect Investment Property in Lake, Michigan
Explore investment opportunities by strategy, performance, or property type
