Investment Properties for Sale in Otter Lake, MI

Listed for sale 6 days ago
$ 209,900
ROI
20.2
Cash Flow/m
26- 3 Bed
- 2 Bath
- 1680 sft
5553 Avenue G, Otter Lake, MI, 48464

Listed for sale 7 days ago
$ 374,900
ROI
30.1
Cash Flow/m
1075- 3 Bed
- 3 Bath
- 2561 sft
3809 Otter Lake Rd, Otter Lake, MI, 48464

$ 210,000
ROI
24.8
Cash Flow/m
294- 2 Bed
- 1 Bath
- 1643 sft
12346 Lake Rd, Otter Lake, MI, 48464

$ 249,900
ROI
22.4
Cash Flow/m
181- 3 Bed
- 1 Bath
- 1120 sft
4855 Briggs 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.
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