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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Lawton, MI
Listed for sale 2 days ago
$ 349,900
ROI
20.0
Cash Flow/m
18- 4 Bed
- 2 Bath
- 1962 sft
24254 80th Ave, Lawton, MI, 49065
$ 159,900
ROI
31.8Cash Flow/m
534- 2 Bed
- 1 Bath
- 1141 sft
227 N Franklin St, Lawton, MI, 49065
$ 325,000
ROI
24.2Cash Flow/m
401- 5 Bed
- 2 Bath
- 1850 sft
506 E 2nd St, Lawton, MI, 49065
$ 199,000
ROI
24.1Cash Flow/m
242- 1 Bed
- 1 Bath
- 800 sft
32851 Lake Dr, Lawton, MI, 49065
Why Invest in Lawton, Michigan?
Investing in Lawton, MI offers a unique opportunity to capitalize on a growing small city market with a steady appreciation rate of around 3%. Rental yields currently average 7%, making it a promising location for rental property investments. The average ROI hovers near 8%, combined with a cap rate of approximately 6%, and rental prices averaging $900 per month. Cash flow remains favorable due to moderate property prices and a renter-occupied rate of 48%, reflecting a solid demand from local residents.
8%
Avg. ROI
7%
Rental Yield
6%
Cap Rate
$350/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Lawton, MI is approximately 7%, making it an attractive market for rental property investors.
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