Single Family 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?
Investing in single-family homes in Lewiston, MI offers a unique opportunity to benefit from stable rental yields and attractive cap rates in a growing market. This niche benefits from an average ROI around 7%, with cash flows averaging $350 monthly. Lewiston's modest appreciation rate near 3% and a rental yield of 8% make single-family properties appealing to investors seeking steady income. The renter-occupied rate is healthy, reflecting consistent tenant demand in this area, supported by strong community demographics.
7%
Avg. ROI
8%
Rental Yield
6%
Cap Rate
$350/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield for single-family homes in Lewiston is approximately 8%, reflecting strong rental demand and moderate property prices.
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