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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Whitmore Lake, MI
Listed for sale 6 days ago
$ 475,000
ROI
21.9
Cash Flow/m
288- 4 Bed
- 3 Bath
- 2047 sft
9410 Sandlewood Dr, Whitmore Lake, MI, 48189
$ 440,000
ROI
22.3Cash Flow/m
312- 3 Bed
- 3 Bath
- 2161 sft
9148 Lakewood Dr, Whitmore Lake, MI, 48189
$ 459,900
ROI
19.8Cash Flow/m
2- 3 Bed
- 4 Bath
- 2939 sft
428 E Shore Dr, Whitmore Lake, MI, 48189
$ 439,900
ROI
20.6Cash Flow/m
99- 4 Bed
- 3 Bath
- 2652 sft
9033 Timbercrest Ln, 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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