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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Lewiston, MI
Listed for sale 4 days ago
$ 190,000
ROI
24.0
Cash Flow/m
225- 2 Bed
- 1 Bath
- 810 sft
4475 Dennis Ave, Lewiston, MI, 49756
Listed for sale 7 days ago
$ 149,500
ROI
24.9Cash Flow/m
214- 2 Bed
- 1 Bath
- 960 sft
1121 N Red Oak Rd, Lewiston, MI, 49756
$ 160,000
ROI
23.6Cash Flow/m
172- 4 Bed
- 2 Bath
- 1560 sft
3007 Bittersweet Dr, Lewiston, MI, 49756
$ 229,900
ROI
25.8Cash Flow/m
388- 3 Bed
- 2 Bath
- 1232 sft
3719 Aarons 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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