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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Lake Odessa, MI
Listed for sale today
$ 185,000
ROI
25.5
Cash Flow/m
296- 2 Bed
- 1 Bath
- 1564 sft
13025 Jordan Lake Rd, Lake Odessa, MI, 48849
$ 185,000
ROI
29.6Cash Flow/m
507- 3 Bed
- 2 Bath
- 1368 sft
1323 4th Ave, Lake Odessa, MI, 48849
$ 159,900
ROI
26.5Cash Flow/m
300- 2 Bed
- 1 Bath
- 886 sft
810 1st St, Lake Odessa, MI, 48849
$ 194,900
ROI
27.4Cash Flow/m
415- 3 Bed
- 1 Bath
- 1187 sft
1104 Jordan Lake St, Lake Odessa, MI, 48849
Why Invest in Lake Odessa, Michigan?
Invest in Lake Odessa, MI, an emerging market with promising opportunities under $200k. This city offers investors a solid average ROI around 7%, rental yields near 8%, and a cap rate of approximately 6.5%, reflecting strong cash flow and appreciation potential. The average rent remains affordable at about $900, supporting continued renter demand. Focused investment under $200k here provides balanced risk and steady income amid growing renter-occupied households.
7%
Avg. ROI
8%
Rental Yield
6.5%
Cap Rate
$350/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
Lake Odessa offers affordable investment properties with solid rental yields and cash flow potential. Its stable local economy and moderate population growth contribute to steady demand for rental housing.
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