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 Odessa, MI
Listed for sale 6 days ago
$ 285,000
ROI
21.6
Cash Flow/m
150- 3 Bed
- 2 Bath
- 1344 sft
826 Morningside Ct, Lake Odessa, MI, 48849
$ 164,750
ROI
26.0Cash 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
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.
Find Your Perfect Investment Property in Lake Odessa, Michigan
Explore investment opportunities by strategy, performance, or property type
