Investment Properties for Sale in Whitmore Lake, MI
Listed for sale 1 day ago
$ 299,000
ROI
21.7
Cash Flow/m
161- 3 Bed
- 2 Bath
- 1789 sft
7635 Edmund St, Whitmore Lake, MI, 48189
Listed for sale 3 days ago
$ 370,000
ROI
23.1Cash Flow/m
340- 3 Bed
- 2 Bath
- 2150 sft
9113 Posey Dr, Whitmore Lake, MI, 48189
$ 540,000
ROI
21.3Cash Flow/m
177- 4 Bed
- 3 Bath
- 2404 sft
3557 Valentine Rd, Whitmore Lake, MI, 48189
$ 399,900
ROI
21.4Cash Flow/m
186- 3 Bed
- 2 Bath
- 1490 sft
2705 Jennings Rd, Whitmore Lake, MI, 48189
Why Invest in Whitmore Lake, Michigan?
Investing in Whitmore Lake, MI offers unique opportunities with a moderate appreciation rate and stable rental yields. This city boasts an average cap rate conducive to steady cash flow, making it attractive for multifamily and single-family property investors. The rental market shows a strong renter-occupied segment, supporting consistent rental income. With a balanced local economy and steady employment growth, Whitmore Lake is a promising area for real estate investment in Michigan.
6.5%
Avg. ROI
7.2%
Rental Yield
6.8%
Cap Rate
$350/mo
Avg. Cash Flow
$1100/mo
Avg. Rent
3.1%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Whitmore Lake, MI is approximately 7.2%, which indicates a solid income potential for rental property investors.
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