Under $300K Investment Properties for Sale in Long Lake, MI
137- 3 Bed
- 1 Bath
- 1718 sft
-- 3 Bed
- 2 Bath
- 1200 sft
129- 3 Bed
- 1 Bath
- 1210 sft
102- 3 Bed
- 2 Bath
- 1008 sft
119- 2 Bed
- 1 Bath
- 1336 sft
127- 3 Bed
- 1 Bath
- 860 sft
128- 3 Bed
- 1 Bath
- 1043 sft
125- 2 Bed
- 1 Bath
- 1100 sft
104- 2 Bed
- 2 Bath
- 1064 sft
- 2 Bed
- 1 Bath
- 882 sft
-- 1 Bed
- 1 Bath
- 384 sft
140- 3 Bed
- 2 Bath
- 1344 sft
117- 4 Bed
- 2 Bath
- 1188 sft
127- 2 Bed
- 1 Bath
- 1129 sft
117- 3 Bed
- 1 Bath
- 1270 sft
102- 3 Bed
- 1 Bath
- - sft
104- 3 Bed
- 1 Bath
- 960 sft
- 3 Bed
- 2 Bath
- 1248 sft
- 1 Bed
- 1 Bath
- 707 sft
94- 2 Bed
- 2 Bath
- 896 sft
118- 3 Bed
- 2 Bath
- 1360 sft
99- 2 Bed
- 1 Bath
- 804 sft
112- 2 Bed
- 1 Bath
- 780 sft
124- 2 Bed
- 1 Bath
- 660 sft
Why Invest in Long Lake, Michigan?
Investing in Long Lake, MI under $300k offers a unique opportunity to capitalize on a growing rental market with solid cap rates around 7%. With average rental yields near 8% and increasing property appreciation, this price segment attracts both entry-level investors and experienced buyers. The avg ROI of 9% reflects strong cash flow potential amid a renter-occupied rate of approximately 60%. Economic development and increasing local employment enhance property values making under $300k properties a smart choice.
Frequently Asked Questions
Long Lake offers solid rental yields, a stable job market, and increasing property appreciation, particularly in the under $300k price range. The area's demand for affordable rental units supports steady cash flow potential.
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