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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Lake Odessa, MI
$ 175,000
ROI
25.9
Cash Flow/m
297- 2 Bed
- 2 Bath
- 922 sft
824 5th Ave, Lake Odessa, MI, 48849
$ 265,000
ROI
20.0Cash Flow/m
16- 3 Bed
- 1 Bath
- 1488 sft
2800 W Clarksville Rd, Lake Odessa, MI, 48849
$ 200,000
ROI
26.3Cash Flow/m
364- 3 Bed
- 1 Bath
- 1600 sft
1312 4th Ave, Lake Odessa, MI, 48849
Airbnb Potential
$ 157,000
ROI
29.6Cash Flow/m
431- 2 Bed
- 1 Bath
- 824 sft
7755 N Woodland Rd, Lake Odessa, MI, 48849
Why Invest in Lake Odessa, Michigan?
Investing in Lake Odessa, MI, under $300k properties offers a strong entry point into Michigan's growing real estate market. The area combines affordable housing with promising average rental yields around 7%, attractive cap rates near 6%, and a stable renter-occupied rate exceeding 45%. Average cash flow for these properties remains positive, supported by steady appreciation rates close to 3%. These metrics highlight Lake Odessa as an ideal choice for budget-conscious investors seeking steady returns.
8%
Avg. ROI
7%
Rental Yield
6%
Cap Rate
$500/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
Most properties under $300k in Lake Odessa are single-family homes and smaller multi-family units, ideal for entry-level investors and first-time buyers.
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