Under $500K Investment Properties for Sale in Long Lake, MI


94- 3 Bed
- 1 Bath
- 2100 sft


105- 4 Bed
- 2 Bath
- 1797 sft


133- 3 Bed
- 1 Bath
- 1110 sft


101- 5 Bed
- 3 Bath
- 2061 sft


117- 2 Bed
- 1 Bath
- 1112 sft


105- 3 Bed
- 2 Bath
- 1232 sft


142- 3 Bed
- 2 Bath
- 1850 sft


131- 2 Bed
- 1 Bath
- 1143 sft


104- 2 Bed
- 1 Bath
- 924 sft


129- 2 Bed
- 2 Bath
- 1252 sft


138- 2 Bed
- 1 Bath
- 1020 sft



- 3 Bed
- 2 Bath
- 1275 sft


117- 2 Bed
- 1 Bath
- 960 sft


103- 2 Bed
- 1 Bath
- 704 sft


96- 2 Bed
- 1 Bath
- 672 sft


92- 1 Bed
- 1 Bath
- 700 sft


111- 2 Bed
- 1 Bath
- 937 sft


125- 3 Bed
- 2 Bath
- 1520 sft


133- 3 Bed
- 1 Bath
- 966 sft


133- 3 Bed
- 1 Bath
- 2120 sft


343- 5 Bed
- 3 Bath
- 1810 sft


128- 3 Bed
- 2 Bath
- 1600 sft


135- 3 Bed
- 1 Bath
- 1048 sft


125- 1 Bed
- 1 Bath
- 600 sft
Why Invest in Long Lake, Michigan?
Investing in Long Lake, MI properties under $500k offers a unique opportunity to capitalize on the region's steady rental yields and solid appreciation trends. This market provides an average ROI around 7%, with rental yields near 6%, making it ideal for investors seeking balance between cash flow and growth. The average cap rate hovers near 5%, supporting sustainable income streams. Long Lake's renter-occupied rates remain strong, with an average cash flow that favors long-term stability in the affordable housing segment.
Frequently Asked Questions
Properties under $500k in Long Lake mainly include single-family homes and small multi-family units, suitable for both homeowners and investors looking for rental income opportunities.
Find Your Perfect Investment Property in Long Lake, Michigan
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