Investment Properties Under $500K in Lake Odessa, MI | Ziffy.ai
Save Search
Filters Applied
Edit
Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Under $500K Investment Properties for Sale in Lake Odessa, MI

Property at 824 5th Ave, Lake Odessa, MI
$ 175,000
ROI
25.9ROI percentage
Cash Flow/m
Dollar sign297
  • 2 Bed
  • 2 Bath
  • 922 sft
824 5th Ave, Lake Odessa, MI, 48849
Property at 2800 W Clarksville Rd, Lake Odessa, MI
$ 265,000
ROI
20.0ROI percentage
Cash Flow/m
Dollar sign16
  • 3 Bed
  • 1 Bath
  • 1488 sft
2800 W Clarksville Rd, Lake Odessa, MI, 48849
Property at 1312 4th Ave, Lake Odessa, MI
$ 200,000
ROI
26.3ROI percentage
Cash Flow/m
Dollar sign364
  • 3 Bed
  • 1 Bath
  • 1600 sft
1312 4th Ave, Lake Odessa, MI, 48849
Property at 7755 N Woodland Rd, Lake Odessa, MI
Airbnb Potential
$ 157,000
ROI
29.6ROI percentage
Cash Flow/m
Dollar sign431
  • 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 $500k offers attractive opportunities with steady rental yields and moderate appreciation. The area has an average ROI of 7.8%, supported by a rental yield of 5.1% and a cap rate around 6.0%. Average cash flow sits near $350 monthly, making it appealing for income-focused investors. With a renter occupancy rate of 52%, demand remains solid for affordable housing options, boosted by local economic growth and a stable job market.

7.8%
Avg. ROI
5.1%
Rental Yield
6%
Cap Rate
$350/mo
Avg. Cash Flow
$1050/mo
Avg. Rent
2.5%
1Y Appreciation

Frequently Asked Questions

Investors can find a variety of single-family homes and smaller multi-family units under $500k in Lake Odessa, suitable for rental or resale investments.

Find Your Perfect Investment Property in Lake Odessa, Michigan

Explore investment opportunities by strategy, performance, or property type

Buy & Hold Rentals in Lake Odessa, MI
Fix and Flip Properties in Lake Odessa, MI
Short-Term Rental Properties in Lake Odessa, MI
AI