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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
$ 164,750
ROI
26.0
Cash Flow/m
284- 2 Bed
- 1 Bath
- 768 sft
1321 Pearl St, Lake Odessa, MI, 48849
$ 198,900
ROI
31.9Cash Flow/m
672- 3 Bed
- 1 Bath
- 1664 sft
25 W Tupper Lake Rd, Lake Odessa, MI, 48849
$ 175,000
ROI
24.8Cash Flow/m
245- 5 Bed
- 2 Bath
- 1588 sft
616 Tupper Lake St, Lake Odessa, MI, 48849
$ 200,000
ROI
28.5Cash Flow/m
487- 3 Bed
- 1 Bath
- 1690 sft
9604 E Brown Rd, 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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