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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High ROI Investment Properties for Sale in Trout Lake, MI
Listed for sale 5 days ago
$ 239,000
ROI
26.0
Cash Flow/m
417- 2 Bed
- 1 Bath
- 1100 sft
23990 S M 123, Trout Lake, MI, 49793
$ 105,000
ROI
24.2Cash Flow/m
129- 1 Bed
- 1 Bath
- 400 sft
31882 W State St, Trout Lake, MI, 49793
$ 325,000
ROI
21.2Cash Flow/m
129- 7 Bed
- 5 Bath
- 1299 sft
22477 S O'J Miller Rd #O, Trout Lake, MI, 49793
$ 139,000
ROI
48.5Cash Flow/m
1113- 3 Bed
- 1 Bath
- 1280 sft
31378 W Main St, Trout Lake, MI, 49793
Why Invest in Trout Lake, Michigan?
Investors focused on high ROI properties in Trout Lake, MI, will find attractive opportunities supported by modest rental yields around 7%. The local market benefits from steady appreciation rates near 3%, complemented by average cash flows exceeding $150 per unit monthly. Cap rates hover around 6.5%, making this area enticing for cash flow and long-term gains. Rental occupancy remains solid with about 75% renter-occupied units, reflecting stable demand within this Michigan community.
9.5%
Avg. ROI
7%
Rental Yield
6.5%
Cap Rate
$160/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average ROI for high ROI properties in Trout Lake is approximately 9.5%, making it a strong market for investment focused on cash flow and appreciation.
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