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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Lakeview, MI
Listed for sale 5 days ago
$ 274,900
ROI
20.4
Cash Flow/m
45- 3 Bed
- 1 Bath
- 1145 sft
5499 W McBrides Rd, Lakeview, MI, 48850
$ 165,000
ROI
23.9Cash Flow/m
188- 3 Bed
- 1 Bath
- 1121 sft
218 Edgar St, Lakeview, MI, 48850
$ 175,000
ROI
24.5Cash Flow/m
231- 4 Bed
- 2 Bath
- 2288 sft
6718 Schmeid Rd, Lakeview, MI, 48850
Currently Rented
Fix & Flip
Rental Income
$ 180,000
ROI
26.9Cash Flow/m
360- 4 Bed
- 2 Bath
- 1440 sft
133 Niles St, Lakeview, MI, 48850
Why Invest in Lakeview, Michigan?
Investing in Lakeview, MI under $300k offers a strong opportunity for real estate investors looking for affordable entry points. The local market benefits from an average rental yield around 7%, with cap rates near 6%, indicating positive cash flow potential. Average ROI hovers around 8%, supported by steady tenant demand and a renter-occupied rate exceeding 55%. Appreciation rates remain steady at approximately 3% annually, making this an attractive option for long-term growth.
8%
Avg. ROI
7%
Rental Yield
6%
Cap Rate
$800/mo
Avg. Cash Flow
$950/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
Lakeview offers affordable properties with solid rental yields and positive cash flow prospects. Steady job growth and a balanced housing market contribute to stable investment opportunities.
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