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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Brighton, MI
Listed for sale 1 day ago
$ 399,900
ROI
20.9
Cash Flow/m
126- 2 Bed
- 3 Bath
- 2300 sft
306 Pineknoll Ct, Brighton, MI, 48116
Listed for sale 4 days ago
$ 175,000
ROI
22.5Cash Flow/m
132- 1 Bed
- 1 Bath
- 788 sft
422 Water Tower Cir, Brighton, MI, 48116
$ 369,000
ROI
20.8Cash Flow/m
105- 3 Bed
- 2 Bath
- 1896 sft
1004 Elmwood Dr, Brighton, MI, 48116
$ 319,900
ROI
23.5Cash Flow/m
335- 3 Bed
- 2 Bath
- 2870 sft
1004 Rosewood Ct, Brighton, MI, 48116
Why Invest in Brighton, Michigan?
Investing in condos in Brighton, MI offers a stable market with solid rental yields and improving appreciation rates. Condos here provide a unique opportunity with average ROI around 6% and an average cash flow of $300 per month. Rental demand remains healthy thanks to a vibrant local economy and growing renter population. The cap rate for condos remains attractive at about 7%, supported by a reasonable average rent of $1,200. Brighton's diverse economic base and quality of life make it an appealing choice for real estate investors.
6%
Avg. ROI
7%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield for condos in Brighton, MI is approximately 7%, making it a competitive market for investors.
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