Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High Rental Yield 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 promising opportunities with a focus on high rental yield properties. The city boasts an average rental yield of 8.5%, making it attractive for investors seeking steady income. The average return on investment (ROI) is around 7%, supported by a cap rate of 6%. Average rent prices stand near $900/month with a cash flow averaging $250 monthly. Appreciation rates are around 3.5%, underpinned by a stable renter occupancy rate of 68%.
7%
Avg. ROI
8.5%
Rental Yield
6%
Cap Rate
$250/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Otter Lake, MI is approximately 8.5%, making it a strong market for rental income investors.
Find Your Perfect Investment Property in Otter Lake, Michigan
Explore investment opportunities by strategy, performance, or property type
