Condo Investment Properties in Belmont, MI | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Condo Investment Properties for Sale in Belmont, MI

Property at 4024 Tom Morris Dr NE, Belmont, MI
$ 490,000
ROI
21.5ROI percentage
Cash Flow/m
Dollar sign239
  • 3 Bed
  • 3 Bath
  • 2261 sft
4024 Tom Morris Dr NE, Belmont, MI, 49306
Property at 2868 Grand Isle Dr NE, Belmont, MI
$ 349,900
ROI
21.6ROI percentage
Cash Flow/m
Dollar sign183
  • 2 Bed
  • 2 Bath
  • 1449 sft
2868 Grand Isle Dr NE, Belmont, MI, 49306
Property at 3001 Isle Grand Dr #3, Belmont, MI
$ 524,000
ROI
25.4ROI percentage
Cash Flow/m
Dollar sign759
  • 2 Bed
  • 2 Bath
  • 1898 sft
3001 Isle Grand Dr #3, Belmont, MI, 49306
Property at 5976 Red Lion Ct NE, Belmont, MI
$ 482,900
ROI
21.3ROI percentage
Cash Flow/m
Dollar sign209
  • 3 Bed
  • 3 Bath
  • 2633 sft
5976 Red Lion Ct NE, Belmont, MI, 49306

Why Invest in Belmont, Michigan?

Investing in condos in Belmont, MI offers a unique opportunity in a growing suburban market. The average ROI stands at a solid 7%, supported by steady rental yields around 5.5%. Cap rates near 6% indicate promising profitability while average rent prices remain affordable, enhancing cash flow potential for investors. Belmont’s rental occupancy rate of 65% reflects a tenant-friendly market with room for growth, making it an attractive choice for condo investments.

7%
Avg. ROI
5.5%
Rental Yield
6%
Cap Rate
$700/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation

Frequently Asked Questions

The average rental yield for condos in Belmont is approximately 5.5%, reflecting stable rental demand in the area.

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