Single Family 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 single-family homes in Pleasant Lake, MI offers a steady rental yield and solid appreciation potential. The local market benefits from an average cap rate of 6.5%, making it an attractive option for investors focused on single-family properties. Average cash flow is positive, supported by stable rent rates averaging $1,200 per month. With a growing renter-occupied rate near 45%, demand for quality rental homes remains strong. Recent trends indicate moderate appreciation, ensuring long-term value growth for investors.
7.2%
Avg. ROI
7%
Rental Yield
6.5%
Cap Rate
$250/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
The average rent for single-family homes in Pleasant Lake is around $1,200 per month, reflecting steady demand and moderate rental growth.
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