Under $500K Investment Properties for Sale in Lake Orion, MI
Fix & Flip
Listed for sale 6 days ago
$ 285,000
ROI
20.3
Cash Flow/m
41- 3 Bed
- 3 Bath
- 1819 sft
567 Pine Tree Rd, Lake Orion, MI, 48362
$ 249,900
ROI
22.8Cash Flow/m
208- 2 Bed
- 1 Bath
- 911 sft
327 Orion Ter, Lake Orion, MI, 48362
$ 320,000
ROI
22.5Cash Flow/m
243- 3 Bed
- 2 Bath
- 2288 sft
2627 Holland St, Lake Orion, MI, 48360
$ 349,900
ROI
27.9Cash Flow/m
793- 3 Bed
- 1 Bath
- 1975 sft
543 Atwater St, Lake Orion, MI, 48362
Why Invest in Lake Orion, Michigan?
Investing in Lake Orion, MI under $500k properties presents a strategic opportunity to access affordable housing with strong rental demand. This market offers an average ROI of 7.2%, supported by a rental yield of 5.1% and a cap rate near 6%. Average cash flow remains positive at $1,200 monthly along with steady appreciation rates around 3.5%. With almost 60% renter occupancy, these investment metrics highlight Lake Orion’s potential for stable income and long-term growth.
7.2%
Avg. ROI
5.1%
Rental Yield
6%
Cap Rate
$1200/mo
Avg. Cash Flow
$1300/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
The average rental yield for properties under $500k in Lake Orion is approximately 5.1%, making it a viable investment for consistent rental income.
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