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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
Listed for sale 7 days ago
$ 275,000
ROI
22.3
Cash Flow/m
195- 3 Bed
- 2 Bath
- 1696 sft
4546 E Berry Rd, Pleasant lake, MI, 49272
$ 145,000
ROI
23.9Cash Flow/m
168- 2 Bed
- 3 Bath
- 1340 sft
1747 Tennis Ct, Pleasant Lake, MI, 49272
$ 145,000
ROI
43.7Cash Flow/m
966- 3 Bed
- 1 Bath
- 1365 sft
786 White Lake Rd, Pleasant Lake, MI, 49272
$ 275,000
ROI
30.7Cash Flow/m
840- 3 Bed
- 2 Bath
- 2220 sft
4881 Styles 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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