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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Allendale, MI
$ 465,000
ROI
21.6
Cash Flow/m
240- 2 Bed
- 3 Bath
- 2319 sft
11116 View Pond Ct #31, Allendale, MI, 49401
$ 208,000
ROI
25.6Cash Flow/m
341- 1 Bed
- 2 Bath
- 1112 sft
6071 Crystal Dr, Allendale, MI, 49401
$ 298,000
ROI
21.3Cash Flow/m
126- 3 Bed
- 2 Bath
- 2146 sft
6104 Crystal Dr #85, Allendale, MI, 49401
$ 263,900
ROI
21.8Cash Flow/m
146- 2 Bed
- 1 Bath
- 1236 sft
6084 Crystal Dr, Allendale, MI, 49401
Why Invest in Allendale, Michigan?
Investing in condos in Allendale, MI offers a strategic entry point into a growing market with solid rental demand. This area boasts an average ROI of 7.2% supported by a rental yield of 5.5% and appealing cap rates around 6%. Investors can expect consistent cash flow and an appreciation rate close to 3.2% annually. The renter-occupied rate remains strong, demonstrating a stable tenant base for condo investments.
7.2%
Avg. ROI
5.5%
Rental Yield
6%
Cap Rate
$350/mo
Avg. Cash Flow
$1100/mo
Avg. Rent
3.2%
1Y Appreciation
Frequently Asked Questions
The average rental yield for condos in Allendale is approximately 5.5%, providing investors with attractive returns relative to regional markets.
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