Investment Properties for Sale in Pleasant Lake, MI
$ 409,900
ROI
25.5
Cash Flow/m
656- 3 Bed
- 3 Bath
- 1960 sft
4079 Erin Ct, Pleasant Lake, MI, 49272
$ 275,000
ROI
22.3Cash Flow/m
195- 3 Bed
- 2 Bath
- 1696 sft
4546 E Berry Rd, Pleasant lake, MI, 49272
$ 175,000
ROI
26.1Cash Flow/m
311- 2 Bed
- 1 Bath
- 830 sft
2303 Bartlett Rd, Pleasant Lake, MI, 49272
$ 125,000
ROI
23.2Cash Flow/m
119- 2 Bed
- 1 Bath
- 800 sft
10164 Resort Rd, Pleasant Lake, MI, 49272
Why Invest in Pleasant Lake, Michigan?
Investing in Pleasant Lake, MI offers a stable and growing market for real estate investors. The area benefits from a strong rental yield averaging around 8% and an average ROI of 7%. Pleasant Lake's cap rate is favorable at approximately 6%, making it attractive for cash flow-focused investors. The average rent is competitive at $1,200 per month with consistent appreciation near 3% yearly. Renter occupancy remains stable at 92%, reflecting a healthy demand for rental properties in this community.
7%
Avg. ROI
8%
Rental Yield
6%
Cap Rate
$500/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Pleasant Lake is approximately 8%, making it a strong market for rental property investors.
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