Condo Investment Properties for Sale in Birmingham, MI
Listed for sale today
$ 725,000
ROI
26.6
Cash Flow/m
1297- 1 Bed
- 2 Bath
- 1233 sft
750 Forest Ave Unit 502, Birmingham, MI, 48009
$ 195,000
ROI
24.6Cash Flow/m
262- 2 Bed
- 2 Bath
- 898 sft
1155 Derby Rd APT 4, Birmingham, MI, 48009
$ 230,000
ROI
22.5Cash Flow/m
177- 2 Bed
- 2 Bath
- 973 sft
475 N Eton St APT C2, Birmingham, MI, 48009
$ 415,000
ROI
21.7Cash Flow/m
227- 2 Bed
- 2 Bath
- 1209 sft
1113 N Old Woodward Ave Unit 34, Birmingham, MI, 48009
Why Invest in Birmingham, Michigan?
Investing in condos in Birmingham, MI offers stable cash flow opportunities in a thriving suburban market. The area boasts an average rental yield of 6.1% and cap rates around 5.3%, appealing to income-focused investors. Appreciation rates near 3.8% reflect steady property value growth. Rental demand is strong with renter occupancy exceeding 44%, supported by Birmingham's robust local economy and quality of life.
8.5%
Avg. ROI
6.1%
Rental Yield
5.3%
Cap Rate
$180/mo
Avg. Cash Flow
$1300/mo
Avg. Rent
3.8%
1Y Appreciation
Frequently Asked Questions
The average rental yield for condos in Birmingham is approximately 6.1%, reflecting solid income potential for investors.
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