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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 2 days ago
$ 289,900
ROI
30.3
Cash Flow/m
849- 2 Bed
- 2 Bath
- 1767 sft
412 E Shore Dr, Whitmore Lake, MI, 48189
Listed for sale 2 days ago
$ 460,000
ROI
19.9Cash Flow/m
14- 4 Bed
- 3 Bath
- 3069 sft
7965 Howard St, Whitmore Lake, MI, 48189
$ 379,900
ROI
20.0Cash Flow/m
24- 3 Bed
- 2 Bath
- 1555 sft
9153 Lakewood Dr, Whitmore Lake, MI, 48189
$ 335,000
ROI
22.9Cash Flow/m
289- 3 Bed
- 1 Bath
- 1040 sft
600 Six Mile 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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