Under $300K Investment Properties for Sale in Long Lake, MI
130- 2 Bed
- 1 Bath
- - sft
92- 2 Bed
- 1 Bath
- 1045 sft
122- 4 Bed
- 2 Bath
- 825 sft
103- 2 Bed
- 1 Bath
- 924 sft
- 3 Bed
- 2 Bath
- 1600 sft
137- 2 Bed
- 1 Bath
- 666 sft
122- 3 Bed
- 1 Bath
- 1800 sft
144- 3 Bed
- 1 Bath
- 1344 sft
94- 3 Bed
- 1 Bath
- 1010 sft
109- - Bed
- - Bath
- - sft
131- 3 Bed
- 3 Bath
- 1023 sft
108- 2 Bed
- 1 Bath
- 720 sft
127- 6 Bed
- 2 Bath
- 2388 sft
- 2 Bed
- 2 Bath
- 930 sft
109- 3 Bed
- 2 Bath
- 1296 sft
143- 3 Bed
- 1 Bath
- 1000 sft
145- 2 Bed
- 1 Bath
- 720 sft
128- 3 Bed
- 1 Bath
- 1485 sft
141- 2 Bed
- 1 Bath
- 1080 sft
- 3 Bed
- 2 Bath
- 1244 sft
129- 2 Bed
- 1 Bath
- 1320 sft
140- 2 Bed
- 1 Bath
- 804 sft
141- 3 Bed
- 1 Bath
- 1208 sft
91- 2 Bed
- 1 Bath
- 778 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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