Under $200K Investment Properties for Sale in Lake Odessa, MI
$ 200,000
ROI
27.4
Cash Flow/m
422- 3 Bed
- 1 Bath
- 1172 sft
812 6th Ave, Lake Odessa, MI, 48849
Fix & Flip
$ 100,000
ROI
24.0Cash Flow/m
117- 2 Bed
- 1 Bath
- 1112 sft
2375 Tamarack St, Lake Odessa, MI, 48849
$ 187,900
ROI
23.9Cash Flow/m
217- 3 Bed
- 2 Bath
- 1368 sft
773 3rd Ave, Lake Odessa, MI, 48849
$ 174,900
ROI
25.9Cash Flow/m
299- 2 Bed
- 1 Bath
- 1400 sft
1304 Pearl 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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