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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High Rental Yield Investment Properties for Sale in Pleasant Lake, MI
$ 240,000
ROI
21.5
Cash Flow/m
117- 2 Bed
- 2 Bath
- 1037 sft
128 Clyde James Dr, 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
$ 490,000
ROI
20.5Cash Flow/m
99- 3 Bed
- 3 Bath
- 2697 sft
8550 N Meridian Rd, Pleasant Lake, MI, 49272
Rental Income
$ 249,900
ROI
21.7Cash Flow/m
133- 3 Bed
- 3 Bath
- 3250 sft
8991 N Meridian Rd, Pleasant Lake, MI, 49272
Why Invest in Pleasant Lake, Michigan?
Investing in Pleasant Lake, MI, especially properties with high rental yield, offers a compelling opportunity for real estate investors. The area features an average rental yield of 7.8%, supported by a cap rate of 6.5%. Average cash flow remains positive, reflecting steady tenant demand and rental income stability. Appreciation rates are moderate, making Pleasant Lake a balanced market for both income and growth. Local economic factors such as employment growth contribute to sustained renter occupancy nearing 65%.
8.2%
Avg. ROI
7.8%
Rental Yield
6.5%
Cap Rate
$850/mo
Avg. Cash Flow
$1150/mo
Avg. Rent
3.2%
1Y Appreciation
Frequently Asked Questions
Pleasant Lake offers strong rental yields near 7.8% with low vacancy rates and steady population growth, creating consistent rental demand for investors.
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