Investment Properties for Sale in Lakeport, MI
Listed for sale 5 days ago
$ 215,000
ROI
26.6
Cash Flow/m
407- - Bed
- 1 Bath
- 1037 sft
6555 Bunker Rd, Lakeport, MI, 48059
$ 220,000
ROI
31.6Cash Flow/m
726- 2 Bed
- 1 Bath
- 1136 sft
7190 Lakeshore Rd, Lakeport, MI, 48059
$ 495,000
ROI
22.4Cash Flow/m
366- 3 Bed
- 2 Bath
- 2080 sft
7800 Hemlock Dr, Lakeport, MI, 48059
$ 299,900
ROI
20.2Cash Flow/m
35- 5 Bed
- 1 Bath
- 1997 sft
6260 North Rd, Lakeport, MI, 48059
Why Invest in Lakeport, Michigan?
Investing in Lakeport, MI, offers a unique opportunity for real estate investors seeking stable returns. The local market features an average ROI of 7%, with rental yields around 6%, and cap rates near 5%, making it appealing for those interested in residential and multi-family properties. Average cash flows remain solid due to affordable average rents and steady appreciation trends. The renter-occupied rate is healthy, reflecting consistent rental demand in this Michigan community.
7%
Avg. ROI
6%
Rental Yield
5%
Cap Rate
$950/mo
Avg. Cash Flow
$1100/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Lakeport is approximately 6%, making it a viable market for income-focused real estate investors.
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