Investment Properties for Sale in Lewiston, MI
$ 189,900
ROI
23.6
Cash Flow/m
205- 3 Bed
- 2 Bath
- 1456 sft
5774 White Pine Dr, Lewiston, MI, 49756
$ 174,900
ROI
23.6Cash Flow/m
189- 4 Bed
- 1 Bath
- 2021 sft
4695 Salling Ave, Lewiston, MI, 49756
Airbnb Potential
$ 109,000
ROI
23.0Cash Flow/m
99- 3 Bed
- 1 Bath
- 1800 sft
4360 Buttles Rd, Lewiston, MI, 49756
$ 195,000
ROI
23.6Cash Flow/m
206- 3 Bed
- 2 Bath
- 1545 sft
6436 Big Wolf Lake Rd, Lewiston, MI, 49756
Why Invest in Lewiston, Michigan?
Lewiston, MI offers promising opportunities for real estate investors, especially in the residential rental market. With a stable average ROI of 7.2% and a cap rate of 6.1%, investments here show steady returns. The average rental yield is around 8.3%, driven by a renter-occupied rate of 45%. The average rent is affordable at $850 per month, supporting consistent cash flow. Appreciation has been moderate at 2.5%, reflecting a balanced market backed by strong community growth.
7.2%
Avg. ROI
8.3%
Rental Yield
6.1%
Cap Rate
$450/mo
Avg. Cash Flow
$850/mo
Avg. Rent
2.5%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Lewiston is approximately 8.3%, which is attractive for investors seeking steady income.
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