Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Otter Lake, MI
$ 269,900
ROI
23.9
Cash Flow/m
312- 3 Bed
- 2 Bath
- 1568 sft
5067 Hemingway Lake Rd, Otter Lake, MI, 48464
$ 240,000
ROI
32.3Cash Flow/m
837- 3 Bed
- 2 Bath
- 1520 sft
6354 Cyclone Rd, Otter lake, MI, 48464
$ 375,000
ROI
22.9Cash Flow/m
327- 4 Bed
- 3 Bath
- 3686 sft
6087 Cyclone Rd, Otter Lake, MI, 48464
$ 239,300
ROI
23.5Cash Flow/m
247- - Bed
- - Bath
- - sft
Castle Rd, Otter lake, MI, 48464
Why Invest in Otter Lake, Michigan?
Investing in Otter Lake, MI offers a unique opportunity to leverage the area's steady rental yields and solid average cash flow. The market shows an average ROI of 7.5%, driven by an average rental yield of 6.2% and a cap rate near 5.4%. With appreciation rates around 3.1%, Otter Lake is an attractive location for real estate investors seeking balanced growth and income potential. The renter-occupied rate stands at 48%, indicating a healthy rental demand that supports consistent cash flow.
7.5%
Avg. ROI
6.2%
Rental Yield
5.4%
Cap Rate
$950/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3.1%
1Y Appreciation
Frequently Asked Questions
Properties in Otter Lake typically yield an average ROI of around 7.5%, providing a solid balance between income and appreciation potential for investors.
Find Your Perfect Investment Property in Otter Lake, Michigan
Explore investment opportunities by strategy, performance, or property type
