Condo Investment Properties for Sale in Bay City, MI
$ 220,000
ROI
23.6
Cash Flow/m
235- 3 Bed
- 3 Bath
- 1595 sft
5961 Red Feather Dr, Bay City, MI, 48706
$ 169,900
ROI
21.9Cash Flow/m
101- 3 Bed
- 2 Bath
- 1478 sft
2357 Bay Woods Ct, Bay City, MI, 48706
$ 329,900
ROI
20.9Cash Flow/m
105- 3 Bed
- 3 Bath
- 2402 sft
2698 Oakmont Dr, Bay City, MI, 48706
$ 239,900
ROI
30.2Cash Flow/m
698- 2 Bed
- 2 Bath
- 1706 sft
19 Cove Dr, Bay City, MI, 48706
Why Invest in Bay City, Michigan?
Investing in condos in Bay City, MI offers an attractive opportunity for investors looking for steady rental income and appreciation. The local market features solid average rental yields around 8%, cap rates near 6%, and average cash flows that align well with mid-sized Michigan cities. Bay City's appreciation rate of approximately 3% reflects a stable housing market supported by a renter-occupied rate above 50%. These factors make Bay City condos a promising asset for both short and long-term investment strategies.
7%
Avg. ROI
8%
Rental Yield
6%
Cap Rate
$850/mo
Avg. Cash Flow
$1100/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield for condos in Bay City is approximately 8%, providing a solid return compared to similar Michigan cities.
Find Your Perfect Investment Property in Bay City, Michigan
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