Condo Investment Properties for Sale in Ada, MI
$ 399,900
ROI
24.3
Cash Flow/m
506- 3 Bed
- 3 Bath
- 2062 sft
670 Abbey Mill Dr SE, Ada, MI, 49301
$ 375,000
ROI
25.9Cash Flow/m
643- 3 Bed
- 4 Bath
- 2190 sft
661 Abbey Mill Dr SE #41, Ada, MI, 49301
$ 525,000
ROI
21.4Cash Flow/m
199- 3 Bed
- 3 Bath
- 2616 sft
495 W Abbey Mill Dr SE, Ada, MI, 49301
$ 389,000
ROI
26.6Cash Flow/m
742- 3 Bed
- 4 Bath
- 2000 sft
645 Abbey Mill Dr SE, Ada, MI, 49301
Why Invest in Ada, Michigan?
Investing in condos in Ada, MI offers an attractive opportunity for real estate investors seeking stable returns in a growing market. The area features an average ROI of 6.2%, with rental yields around 7%, reflecting strong tenant demand. Condos in Ada benefit from a moderate cap rate of 5.8% and an average monthly rent of $1,250. Cash flow is healthy, supported by a diverse economic base and steady population growth, making condo investments in Ada a promising choice.
6.2%
Avg. ROI
7%
Rental Yield
5.8%
Cap Rate
$350/mo
Avg. Cash Flow
$1250/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average ROI for condos in Ada is approximately 6.2%, driven by strong rental demand and steady property appreciation.
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