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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Single Family Investment Properties for Sale in Lakeport, MI
$ 169,900
ROI
24.6
Cash Flow/m
230- 3 Bed
- 2 Bath
- 1672 sft
3325 Berry Dr, Lakeport, MI, 48059
$ 125,000
ROI
23.1Cash Flow/m
116- 2 Bed
- 1 Bath
- 825 sft
3731 Huron Ct, Lakeport, MI, 48059
$ 225,000
ROI
21.1Cash Flow/m
87- 4 Bed
- 1 Bath
- 1058 sft
3821 Myrtle Rd, Lakeport, MI, 48059
$ 290,000
ROI
24.5Cash Flow/m
381- 4 Bed
- 3 Bath
- 3080 sft
4202 Norman Rd, Lakeport, MI, 48059
Why Invest in Lakeport, Michigan?
Investing in single-family homes in Lakeport, MI offers a unique opportunity to capitalize on a stable market with solid rental yields and steady appreciation. Single-family properties here typically feature attractive cap rates around 6%, with average ROI near 8%. The area's rental demand remains strong, driven by a renter-occupied rate over 40%, ensuring consistent cash flow for investors. The average rent for these properties is approximately $1,200 per month, making it a favorable choice for long-term investments.
8%
Avg. ROI
5.5%
Rental Yield
6%
Cap Rate
$400/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average return on investment for single-family homes in Lakeport, MI is around 8%, making it a competitive choice for real estate investors.
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