Under $300K Investment Properties for Sale in Lakeview, MI
Listed for sale 5 days ago
$ 235,000
ROI
25.9
Cash Flow/m
401- 3 Bed
- 1 Bath
- 1504 sft
705 Washington St, Lakeview, MI, 48850
$ 177,500
ROI
24.2Cash Flow/m
219- 3 Bed
- 1 Bath
- 1149 sft
11505 Wren Dr, Lakeview, MI, 48850
$ 274,900
ROI
23.2Cash Flow/m
266- 3 Bed
- 2 Bath
- 1772 sft
8738 W Edgar Rd, Lakeview, MI, 48850
$ 259,900
ROI
20.2Cash Flow/m
32- 3 Bed
- 2 Bath
- 1820 sft
2930 W Birch Landing East Dr, 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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