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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Birmingham, MI
$ 450,000
ROI
24.9
Cash Flow/m
642- 3 Bed
- 2 Bath
- 1393 sft
1115 N Old Woodward Ave Unit 57, Birmingham, MI, 48009
$ 299,900
ROI
25.6Cash Flow/m
490- 1 Bed
- 1 Bath
- 909 sft
1115 N Old Woodward Ave Unit 76, Birmingham, MI, 48009
$ 180,000
ROI
21.6Cash Flow/m
91- 1 Bed
- 1 Bath
- 660 sft
301 N Eton St APT B, Birmingham, MI, 48009
$ 353,000
ROI
26.1Cash Flow/m
624- 2 Bed
- 2 Bath
- 1196 sft
1111 N Old Woodward Ave Unit 4, 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.
Find Your Perfect Investment Property in Birmingham, Michigan
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