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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 3 days ago
$ 215,000
ROI
25.7
Cash Flow/m
355- 3 Bed
- 2 Bath
- 1561 sft
3340 Alexander St, Lewiston, MI, 49756
Listed for sale 5 days ago
$ 194,000
ROI
25.5Cash Flow/m
312- 3 Bed
- 1 Bath
- 1500 sft
1922 Fish Lab Rd, Lewiston, MI, 49756
Airbnb Potential
$ 115,000
ROI
23.9Cash Flow/m
133- 2 Bed
- 2 Bath
- 960 sft
4090 Sunset Dr, Lewiston, MI, 49756
$ 240,000
ROI
27.0Cash Flow/m
483- 3 Bed
- 2 Bath
- 1440 sft
5417 Pinecrest Dr, 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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